Dynamic Dow Duo

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The market is absolutely hamstrung until this goddamned China trade thing is behind us. The next couple of weeks are going to be a nauseating buffet of bromides. For the short-term, I’d suggest keeping an eye on the Dow 30, to see if it fails to beat the bar highlighted below:

And, even more importantly, the Dow Transports, with its own “limit” bar:

As I said on my show yesterday, the best outcome for the bears would be a grand announcement about a finalized trade pact. I suspect, regrettably, that it’ll just be another can-kicking exercise, little different than what we’ve been living with for years now.

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