ridethepig | Transport Breakout Alerts!
A good time to update the technical chart in transports as we approach the key resistance. Taking these highs will unlock a major break higher and act as a leading indicator for other key sectors.
For the ST flows, I would expect a pullback first to present a fresh buying signal as the rotation into cyclicals gains more shape:
The highs are looking very soft now with QE Lite ahead, breaking out above 199.23 will be a major signals and imply that the entire sector is on its way to break all time highs...
All the best
For the ST flows, I would expect a pullback first to present a fresh buying signal as the rotation into cyclicals gains more shape:
The highs are looking very soft now with QE Lite ahead, breaking out above 199.23 will be a major signals and imply that the entire sector is on its way to break all time highs...
All the best
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.