Browse Symbol Stacks: $TRAN: tran.png

tran.png

$Tran: Uptrend broken. Tim's data trumps all.

Comments

moneymiser21moneymiser21
Kudos to you Mike for being a great chartist, and willing to look at other sources. 
 
All hail grand chart master @TimKnight  
 
Now what color robe would a Grand Chart Master wear... 5/29/15
ammoammo
 
 
http://cdn.socialtrade.com/comsys/imgs/2015-05-29-PROPHET-png- tran_eQ0Q8F_m.png
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5/29/15
DinkDink
I'm really confused as to why people are jumping on the fact that the transports are underperforming. The transports are now back at major support and have completed a typical/healthy correction while the broader markets are near all-time highs. What happens to the market when the transports find support and head higher? The market will explode higher. That should be concerning for bears. 5/29/15
Mike1981Mike1981
Moneymiser I'll go with gold color. Texture not sure.  
 
Dink. Trans are underperforming for the year compared to the major index's as it is down for the year. Of course it is out performing oil and corn. It all depends what you're comparing it to. It is possible that the transports are leading the way if in fact there is a change in tides for a bear market. Bear markets are healthy. If the market explodes higher I hope that you and I are on the right side. 5/29/15
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