Covering developments in the financial world, and providing the latest updates on TradingHD’s courses' offerings
Nothing is more stark than the large non-confirmation between the Dow Industrials and the Dow Transports throughout this year.
It would be fair to say that August has been a month scripted in hell for those who spent it watching their screens on their desks.
Almost a month has passed since our last webinar and while the S&P500 is trading at new all time highs it has barely moved in this time.
When you look at the WEI page on Bloomberg under the EMEA section, the YTD price performance of the European Indices in USD remains a stunning picture.
If Richard Russell of Dow Theory Letters was alive today, he’d be showing you this chart.
On the 19th of July, we gave up on our bearish thoughts on European Indices thanks to the exceptional lead that the SPX had taken.