Over the past few weeks I have noticed that the Dow Jones Industrial average is starting to act more bullishly than the S&P 500 index. This shows up on the daily chart above this post. The three successive higher lows marked by the black lines show bigger percentange increases over the preceeding low than does the similar chart of the S&P. This is telling me that the Dow stocks are about to lead the market higher, quite a change from the Dow doldrums of the past 2 years.
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