Dow Jones Transportation Index
Since the 2009 low at 2,147.92 we have likely seen a A-B-C rally higher, where wave C is almost exactly equal in length to wave A. A S/H/S top could currently be building, but we need a break below support 7,133.72 and more importantly support at 7,009.98 to activate the top formation for a strong decline.
Great Charts as always Have a Great Weekend
ReplyDeleteBest Regards jt
Hi JT,
DeleteThank you very much.
A great weekend to you too.
Kind regards
EWS