Dow Jones Transportation index, djt.

I see this as a warning signal. This is a 2 year weekly chart of djt and it is showing that the primary trend, 40vMA, is changing from up to down. We are also getting close to this in dji.

At the moment the index found support on the 8000 level. It looks like that the djt could develop an inverse head and shoulder. This kind of trend takes time to change but it seems like it could happen this autumn.

This is an interesting level for this index.