Dow Transports Weekly Chart Looks like Big Bear Flag

Price is riding the trendline. I'd look for a signal to short it with a stop at the peak.


<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3421796>

 

doesnt matter print money up up away

 

hows that working out for you?

 

There's no change: same assessment. Price still riding the green trendline. This week's shorter bar looks like further deceleration: we may see the short signal this week.

 

keep talking your position, that will make it puke out.......

retailers still don't get it.

big hat, no cattle............

s

 

just be sure to let me know whatever it is your selling/shorting. I am a buyer.