A new all time high for the Dow Transports - just before a reversal sent the group back under the important 5400 level
A possible bull trap
Normally a one-day reversal is not enough to call a significant juncture - BUT - this reversal occurred at the threshold of an all-time high
A possible bull trap
Normally a one-day reversal is not enough to call a significant juncture - BUT - this reversal occurred at the threshold of an all-time high
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