I know. I'm asking the same question. Today's move is not normal. The US markets don't move 1.5 to 3.5% on normal days. This is something bigger - outside the normal scope of market data. It could be the election conflict in Venezuela. It could be the US POTUS election news. It could be what appears to be a collapse in Asian markets. It could be that European...
Transports have managed to hold key support but for how long? The worst could be yet to come and this chart is one to watch.
Trucking - specifically the $TRAN and Deisel Fuel Oil is under immense duress. The primary support system for moving goods is seeing lasting stress which will lead to further supply shortages. Shortages will begin to appear at an accelerated pace into August. _____________________________________________________________________ Stocking up on basics... a very...
Transports have turned off a double top. Imminent recession warning.
AUDUSD approached the peak of the ascending channel. A slight correction and downward movement is expected. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
Bullish divergence at bottom of channel. Possible run to start on false #DeltaVariant fears? $TRAN $IYT $JETS $AAL $UAL $DAL $LUV $FDX $EXPE $BA $SPY $ES_F $VIX $DIA $DJI #Stocks #Transports 🛫
Another day another idea that I found interesting from my indicators perspective
Got the new highs, but a false breakout? If so, should revisit $10K or lower soon $TRAN $IYT $FDX $AAL $UAL $DAL $LUV $EXPE $SPY $SPX $ES_F $VIX $DIA $DJI $YM_F #Stocks #Transports 🛫
Death cross negated and re-crossed golden. No new highs, but that may be tested before pullback $TRAN $IYT $AAL $UAL $DAL $LUV $EXPE $FDX $SPY $DIA $DJI $YM_F #Stocks #Transports 🛫
200dma broke as has the 2019 uptrend. Huge red flag for markets. May DCB here near 10K
Losing 200dma support would have big implications
Transener pudo romper al alza el techo del canal de largo plazo por lo que habilitaría el objetivo del techo del desdoblamiento de canal en la zona de los $48,8. Sería bueno ver un aumento en el volumen negociado para despejar las dudas. MACD en velas semanales apoyando la hipótesis alcista. Importante no perder el soporte en los $44. Veremos qué dice el...
Target corto plazo $34.34 por extensión de Fibonacci P1 $23.25 P2 $29.10 $P3 25.90
o mejor $TRAN +3,94% $TGNO +3,61% $ALUA +3,24% Lo peor $BMA -1,17% $TECO -1,08% $JMIN -0,93%
Transports have been leading to the downside for the last three weeks. Economic activity did not seem strong enough to warrant a rate rise from the Fed. Too early to say if this will lead to a long term reversal.
Over the last week S&P500 has broken above both 1-year and quarterly downtrend borders, marked by the lower 1st standard deviations from the 1-year and quarterly years respectively It already happened back in September, but this time the downtrends are most likely over - the price tagged the quarterly mean, thus cancelling the quarterly downtrend completely The...
Dow Jones Transportation average risks entering a new leg of downtrend, if the price holds below the 1st standard deviation from its quarterly (66 day) moving average (now at 8382.9). Risk will be confirmed by the price falling below recent lows (at 8248.7)