richardthick

Dow Jones Transportation Signal Market Sell Off?

Short
DJ:DJI   Indice Dow Jones Industrial Average
The Dow Jones Transportation index usually tops and reverses prior to the Dow or S&P. The Transportation index has also fell below its support line while the Dow is in the apex of a bearish rising wedge pattern. Will the Fed save the markets again or will Wall Street finally meet reality? If the Fed didn't exist this would be the easiest short play.. I still think a pullback or consolidation is extremely likely
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