Wednesday, March 6, 2013

Wednesday afternoon - Transports tiring

DJ-20 Daily Chart (11:30AM)
The transports are tiring here.  Keep an eye on them as we are trying to find a short term market top.  If they move down it will be very hard for the rest of the market to keep climbing.  It could happen if funny things happen in the currency markets but generally speaking the transports are key here in my opinion.