Dow Transportation: Cup & Handle Pattern Completed Now.

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If ever you follow the Dow Theory than the Dow Transportation is important to confirm any Dow Jones Industrial Index new all time high.

The Dow Transport allready had completed now a cup & handle pattern.

The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. What ever is need to complete this pattern is right there - NOW. Only missing now is the breakout to the upside. Expect this break out to come now and confirm with new and powerfull all time highs the Dow Jones Industrial bull run from today.
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DJT discussed also:
Dow Transport: Ready for new All Time Highs
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FEB 14 2017: Warren Buffett buys Apple and airlines
4 Hours Ago | 05:11

Warren Buffett's Berkshire Hathaway was an aggressive buyer of stocks in last year's fourth quarter, disclosing significant increases in its stakes in Apple and in the four biggest U.S. airlines. Source: cnbc.com/2017/02/14/warren-buffetts-berkshire-takes-huge-bite-of-apple-shares-ups-stakes-in-airlines.html
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FEB 15 2017: Dow Transport - watch out for break to the upside usually followed by a spike. invst.ly/39zfe
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FEB 2017: Clear break out. The Dow Transportation is confirming the DJIA all time highs if ever you follow the Dow Theory: invst.ly/39-aw
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FEB 15 2017: Break is confirmed now by closing high. Expect on thursday rising momentum to the upside at least for 3-4 more trading days: invst.ly/3a1ne
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FEB 17 2017: Border adjustment tax seemed to wane after President Donald Trump this week met with retailers who oppose the plan.

Quote: Border adjustment tax is on 'life support,' and tax reform may come later ... and with less punch
The tax plan that promises the biggest cuts in corporate taxes without straining the federal budget looks increasingly unlikely to become law.
"I wouldn't call it dead, but I would say it's on life support," said Greg Valliere, chief global strategist with Horizon Investment. Valliere said the chances for the so-called border adjustment tax seemed to wane after President Donald Trump this week met with retailers who oppose the plan.
Source: cnbc.com/2017/02/17/border-adjustment-tax-is-on-life-support-snagging-tax-reform.html
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FEB 18 2017: Trump approval rating sets a new low with 38

Expect Donald Trump is losing more and more supporters. Same time the low approval rates explaining why Trumps tone since few days getting more and more aggressive. Expect another u-turn if Trump recognize that he will fail if he do not change this way of communication. Expect that one of his aids (Conway/Spicer/Bannon) gets "fired" next. This will cause another spike to the upside for stockmarkets.
Source: gallup.com/poll/203198/presidential-approval-ratings-donald-trump.aspx
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FEB 21 2017 Border tax hits political reality, and only Trump can save it

John Harwood | @johnjharwood
6 Mins Ago
Quote: So, Sen. David Perdue of Georgia, a former retail executive, has pronounced border adjustment an economic threat. Sen. Tom Cotton of Arkansas, home base of Wal-Mart, has vowed to fight it. John Cornyn of Texas, who worries about the effect on oil prices and serves as the Senate's second-ranking Republican, last week pronounced border adjustment "on life support." Those three Republicans alone — if they hold firm — could be enough to sink the idea in a Senate where Republicans control just 52 seats. Source: cnbc.com/2017/02/21/border-tax-hits-political-reality-and-only-trump-can-save-it.html
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FEB 21 2017: Watch how strong the Mexican Peos is today: invst.ly/3bcph invst.ly/3bcpm

Trumps Transition to Mr. Nice Guy
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FEB 23 2017: Todays talks Mexico / U.S. ends more positve than expected. I doesn´t help the Trans. Todays technical damage is going to weight on the Index shor to medium term.

Quote: Matson's stock tumble pressures Dow transports to a triple-digit loss
Published: Feb 22, 2017 10:28 a.m. ET
Shares of Hawaii-based ocean shipping company Matson Inc. MATX, +0.24% tumbled 10% toward a 7 1/2-month low in morning trade Wednesday, pressuring the Dow Jones Transportation Average DJT, -1.19% to underperform the broader stock market by a wide margin, after a disappointing fourth-quarter report and outlook. Matson reported late Tuesday revenue that topped expectations but missed on profit, and said first-quarter ocean transportation income is expected to be less than half of what it was a year ago. The stock's price drop of $3.63 shaved about 22 points off the Dow transports. The index was down 100 points, with 19 of 20 components losing ground. Source: marketwatch.com/story/matsons-stock-tumble-pressures-dow-transports-to-a-triple-digit-loss-2017-02-22
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FEB 24 2017: Strong and unexpected reversal. Cup with Handle Pattern still likely invst.ly/3c5-c
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FEB 25 2017 Trump is fueling stockmarkets mobile.twitter.com/realDonaldTrump/status/835481237879926784
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Comment: FEB 27 2017: Wall Street treads water ahead of Trump's Tuesday speech

(Reuters) - Quote: U.S. stocks struggled to find direction in early afternoon trading on Monday, shortly after the S&P 500 and the Dow hit record intraday highs on President Donald Trump's comments of a "big" infrastructure statement on Tuesday.
Trump's first address to a joint session of Congress on Tuesday evening is being closely watched by investors for clues on how he planned to carry out his agenda of boosting economic growth.
Source: investing.com/news/stock-market-news/wall-st.-to-open-slightly-lower-after-record-run-462365
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MAR 1 2017: DJT breaks again to the upside with plus 2% outperforming Dow and SPX.
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MAR 1 2017: Dow Theory now is discussed more widely: pbs.twimg.com/media/C5R3HgnUYAIczA-.jpg:large
Trade fermée: cible de profit atteinte
Trade Closed with a net gain of 1.573 points or 15.730 / 157.300 pips.
Trade fermée: cible de profit atteinte
Second Trade Closed with a net gain of 1.000 points or 10.000 / 100.000 pips
Dow Jones Transportation Index: Aus dem Stand auf neues ATH
Trade fermée: cible de profit atteinte
2nd Trade Closed with a net gain of 1000 points or 10.000 / 100.000 pips
snapshot
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