As you can see on the transports we broke out of the box and resistance, then become support and we skidding up higher on the positive fiscal cliff news.
Higher prices are likely in the next week or so, however I will be probably doing a larger update next week, with some interesting charts for helping us draw a clearer path.
|the dow theory|
WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED? CLICK HERE To Join Our VIP ELITE GROUP -- FREE 10 Day Trial Offer Today!