Tuesday, November 28, 2006

TRANSPORTS WEAK TODAY



Today the weakest groups were the transports and the railroads.. The $TRAN index found support today at the trendline but is on a MACD divergence sell signal.. IF today's low is violated which would also break the trendline, we may see the transports have a quick drop down to the next support level which is 4600..

Posted by Kevin

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