3 Responses to “Dow Transports | A Warning For Stock Markets As Transports Head Lower”

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  1. Despite Greece hopium spikes, SP500 / DOW / NASDAQ very overextended daily charts continue to break down and risk of a waterfall sell off continues.

    It has taken longer than expected to sell off but is getting closer.

    I expect Gold and Silver to follow equities as usual.

    Reminder that my SP500 monthly chart indicators continue to give bearish warnings and USDX monthly indicators continue to give bullish warnings. This big picture outlook will not change.

  2. Despite Greece hopium spikes, SP500 / DOW / NASDAQ very overextended daily charts continue to break down and risk of a waterfall sell off continues.

    It’s taken longer than expected to sell off but is getting closer.

    I expect Gold and Silver to follow equities as usual.

    Reminder that my SP500 monthly chart indicators continue to give bearish warnings and USDX monthly indicators continue to give bullish warnings.
    This big picture outlook will not change.

  3. Asking Alessio

    It takes forever to see what Alessio mentioned happening – it looks like Europe is too strong to fight this crisis and they don’t want the markets to fall, the only thing that fell in the past few weeks is the USD.