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What is the Dow Jones Transports
Indicator?
The
Dow Jones Transports Index is based on the price of 20 stocks
averaged out using a multiplier. We take that idea one step further by
adding the volume of the 20 Dow Jones Transports components together
on a minute-by-minute basis
and then apply volume technical analyses to our JavaVolume® Charts.
This becomes the Dow Jones Transports Volume Indicator, an
ideal indicator for predicting future index trends.
Details of the above trades, and the
derivatives used for this index can be found in the Detailed Overview section of our site.
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Detailed Description
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