Browse Stacks: Analytics: Dow-52wk-hi-lo.png (620×639)

Dow-52wk-hi-lo.png (620×639)

Dow Components Relative to Highs

Comments

RayW http://tinyurl.com/z2xyct7RayW http://tinyurl.com/z2xyct7
Wow. 
That's pretty interesting that somehow (I'd appreciate a logical explanation) that the price of the components pretty consistently drop off BEFORE the index that represents them does. 
 
A divergence chart of the two with a INDU chart above would be interesting. 6/9/14
RayW http://tinyurl.com/z2xyct7RayW http://tinyurl.com/z2xyct7
It looks like when the relative price drops back to the 80 line that there's a very good confirmation of a meaningful index decline about to occur. 6/9/14
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