Apple edges up premarket as investors weigh estimated tariff costs, iPhone sales
The weakness in the Dow Transports Index from early this year is evident on the Daily chart below. Price has recently broken below and retested the break of its large triangle. The Utilities Index has recently broken and retested its uptrend line from last December. The Dow 30 Index is sitting just above triangle resistance/support.
Of particular interest in the immediate term will be the Transports Index to see if it, potentially, corrects and leads the others down.
Of particular interest in the immediate term will be the Transports Index to see if it, potentially, corrects and leads the others down.
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