Tuesday, June 23, 2009
FN: Compare the two charts. The first is from 06/15/09 and the second from 06/22/09.
From the original post Transports Diverge:
"TRAN was down on Friday when the broader markets "broke out higher" intraday.
TRAN didn't even bother to try. This kind of divergence should not be ignored."
It wasn't just the transports... there were many other warning signs as well. The financials for example had already rolled over and the Charts Say "Decision Time" Update2.
Posted by Ben Bittrolff at 9:19 AM