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Dow Transports Forecast Current Pullback

Horn

Looks like George Soros with his $2bn PUT short, studies readtheticker.com as well!

From this post this blog made it clear a reaction was coming, months in advance.

This is how it turned out.

Dow Transports Chart
Larger Image

The chart of reference

Dow Transports Chart 2
Larger Image

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

"The market always tells you what to do. It tells you: Get in. Get out. Move your stop. Close out. Stay neutral. Wait for a better chance. All these things the market is continually impressing upon you, and you must get into the frame of mind where you are in reality taking your orders from the action of the market itself -- from the tape." ~ Richard D. Wyckoff

"How many millionaires do you know who have become wealthy by investing in savings accounts?" ~ Robert G Allen

 

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