dow jones transports update
So far in 2014 the market has not been performing very well.
The leader of the market or the dow jones transports is an interesting chart right now. If you see this chart below it clearly shows that every time we hit the 50 period Exponential moving average line we stall. So far over the last few years it has been somewhat of a line in the sand.
So it is uncanny we have stopped dead cold back at this line. The next couple of days will be critical for the bulls and bears and to give the market more clarity.
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| dow jones transports update |
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