Tuesday, May 31, 2016
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,862 Blog Posts

End of the Line for Trannies

This is about as far down as I am inclined to see the Dow Jones Transportation Average fall here. Note the gap fill back to the high of the diamond bottom, looking at this 30-minute chart, as well as holding support from August 5th. Losing this area would return the initiative back to the bears after the recent snapback rally.


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One comment

  1. Gazer

    Drop! Baby, DROP!