This Relationship Predicts Stock Market Drop Coming.这种关系预示股市快将下跌

Among many factors calling for unsustainable US stock market rally, the relationship between the performances of the Dow Jones Industrial Average and the Dow Jones Transportation Index is one of the most prominent one. History tells us that when the directions of these two indexes diverge, we should believe in the direction of the Transportation Index. Transportation Index has been trending down since early May 2021, and it has been accelerating down after it broke 50 day moving average in early June 2021. During this period, the Industrial Index has been making highs. This divergence is unsustainable and is likely to end soon.  The direction of the Dow Jones Industrial Average is likely going to converge with the direction of the Dow Jones Transportation Index ---reverses from up to down.

在美国股市升势不可持续的众多因素中，道琼斯工业平均指数与道琼斯运输指数的表现之间的关系是最突出的因素之一。 历史告诉我们，当这两个指数的走势出现背离时，我们应该相信运输指数的走势。 运输指数自2021年5月上旬开始呈下行趋势，2021年6月上旬跌穿50日均线后加速下行，期间工业指数却屡创高位。 这种背离是不可持续的，很可能很快就会结束。 道琼斯工业平均指数的方向很可能会与道琼斯交通指数的方向趋同而从上升反转到下跌。