Thursday, August 22, 2013

Transports

Again, from last night's "Daily Wrap"

"Carrying on... I've noticed several sectors seeing nice 3C divergences, Financials has been one I've talked about, but one of the tricks of getting a bounce to work is making it believable, for any old-timers familiar with Dow theory, they're going to be looking for transports to play along."

Transports today...
That's a beautiful upside candle, trading at the highs of the day, up over 2% today.


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