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Dow Jones Transportation Average Index

Troy Bombardia
2020-08-12

Dow Jones Transportation Average Index has gone up for 10 consecutive days with the last time being in 2013. 

Dow Jones Transportation Average Index

When this happened in the past, Dow Jones Transportation Average Index rallied over the next year on almost all time frames. This supports the other bullish momentum studies done recently.Dow Jones Transportation Average Index

And this behavior in Dow Jones Transportation Average Index was also a slightly bullish factor for the Dow Jones Industrial Average Index on shorter time frames.Dow Jones Transportation Average Index