Browse Stacks: Trading: slopechart_$TRAN.jpg

slopechart_$TRAN.jpg

Transportation Index has spent most of the last 3 months in the upper half of a possible bear flag. The green trendline starts on 3/9/2009, and was violated on 2/25/2020.

Image added via SlopeCharts
slopechart_$TRAN.jpg

Comments

6/1/20
MyopiaMyopia
Maybe it wasn’t thoughtful.  
 
I probably skirt the line at times. I tend to over-explain things trying to be precise. But what I choose to write about seems to be absent and germane. It’s about to become a lot more tactical. I’m just trying to avoid touting other investments that I’m actively pursuing. But, what then do I discuss? It presents a lot of imponderables.  
 
At the same time, it’s impossible to separate “market activities” from what’s happening in the United States and the rest of the World. If the market seems to be behaving inexplicably, it’s because too many observers are looking at the wrong thing. 6/3/20
...