One of the greats in the business just issued this major warning.

November 9 (King World News) – Here is a small portion of a warning that was just issued by Jason Goepfert at SentimenTrader:Yesterday, we looked at the diverging action in the Dow Transports versus the Dow Industrials. While the latter was ticking to new highs, the former was struggling, hitting its lowest level in more than a month, and well off its own high (see chart below).

The chart below is exactly the kind of thing the late, great Richard Russell used to warn about with regards to Dow Theory!

kwn-sentimentrader-ii-1192017

It got even worse on Thursday. The Industrials lost ground, but remain within 0.5% of their all-time high. The Transports, however, slid another percent and dropped below their 100-day average for the first time since August (see chart below).

Look at the massive divergence, the kind of thing Richard Russell would have warned about

kwn-sentimentrader-i-1192017

So while the companies that make stuff are within a hair’s breadth of new highs, the companies that ship stuff are lower than their average price over the past five months.”

King World News note: Once again, this is exactly the kind of thing that Richard Russell would have warned about, and it is also another example of why Jason Goepfert is the best in the world at what he does — providing crucial, actionable market data. The charts and commentary above are from SentimenTrader. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.

***To listen to legend Pierre Lassonde discuss $12,000 gold and the coming global shock CLICK HERE OR ON THE IMAGE BELOW.

kwn-lassonde-mp3-1142017

***ALSO JUST RELEASED: EXPOSED: Here Is What Governments Don’t Want People To See CLICK HERE.

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