Dow Transports: Slippery Slope Or Ray Of Hope?
Posted on February 26, 2009 at 02:02 AM EST
Figure 1 is a weekly chart of the Dow Jones Transportation Index (^DJT), and the heavy red dots indicate key pivot points, which represent the most important areas of support or buying interest. When support doesn’t hold, selling gives way and it is often accelerated. This is a pattern with significance ...
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