Daily Transports Chart
The Daily Transports chart has been in a solid uptrend channel since the end of JUNE this year. YES! we are overbought here, and we are watching this chart, but still no clear sell signals have formed as you can see below.
There are alot of earning this week, and we are only half way through. So it will be interesting to see what happens towards the end of the week. But again the transports are the leader of the market, and so far still holding quite well.
|Daily Transports Chart|
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