The Dow Industrials moved sideways last week after trading to a new multi-year year high at 13, 653.24 on September 14 and a new year-to-date closing high at 13, 596.93 on Thursday, September 20.
With the Dow Transportation Average ending the week with a new year-to-date closing high at 5, 068.81, a close for the Dow Industrial Average above its November 5 closing high at 11, 444.08 generates another Dow Theory Buy Signal.