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Joined Apr 1, 2010
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Tight, Tight, Tight!


Bespoke is out with a note discussing the coiled nature of the transports on a weekly timeframe.

Turning to the monthly timeframe below, you can indeed see the trannies basing tightly under all-time highs. Given the resurgent airlines and the resilient railroad firms, I am on watch for resolution to be higher through 5,500.


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