The news media will be all over this telling everyone the bull market is roaring buy buy buy. Just 25 more points it will happen today!
Front page article over the weekend TRANSPORTS CONFIRM BULL MARKET BUY BUY BUY
........maybe you could expand on HOW the trannies actually confirms (a) bull phase.......if the transports retraces 100 points next week (without an outside down week signal or similar key technical note) then does that imply that the bull phase is complete? ......does the transport HAVE to be making a new altime high to confirm the (Dow) theory........exactly when does the transports NOT confirm? or when does the transport display a divergence......what level/number?
your explanation is worth the wait........thanks