The pukey color that indicates the chartist's view that support is being lost has been replaced by the red color that seals the deal (pending absence of an end of day wonder reversal). Some new supports are noted with the green dotted line. So, are Dow Theorists getting all bunched up over this?
Seriously, I am not a DT, so I don't know if the horrid state of the Tranny means much or is it just in bullish/bearish confirmations/non-confirmations that there is meaning?
Actually, here is some meaning... the stock market looks like shit right now and I am glad I manage my own funds.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Follow @BiiwiiNFTRH
Seriously, I am not a DT, so I don't know if the horrid state of the Tranny means much or is it just in bullish/bearish confirmations/non-confirmations that there is meaning?
Actually, here is some meaning... the stock market looks like shit right now and I am glad I manage my own funds.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Follow @BiiwiiNFTRH
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