Puzzle not solved yet
FDX one of the constituents of Dow Transportation index recently push the index to all time high (1st high most probably)
I suspect that there would be another high where Fedex's price touches the channel top (blue highlighted area)
Monitoring the uptrend line in both RSI & MACD to see whether supports are provided.
The worst case scenario for the correction would be around 140.5
I suspect that there would be another high where Fedex's price touches the channel top (blue highlighted area)
Monitoring the uptrend line in both RSI & MACD to see whether supports are provided.
The worst case scenario for the correction would be around 140.5
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