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richardthick

Dow Jones Transportation Signal Market Sell Off?

Short
Dow Jones Industrial Average Index (DJ:DJI)  
richardthick  
DJ:DJI   Dow Jones Industrial Average Index
Supply and Demand Wedge Support and Resistance dowjones DJI djia djt SPX (S&P 500 Index)
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supplyanddemand wedgepattern supportandresistance dowjones dji djia djt spx
The Dow Jones Transportation index usually tops and reverses prior to the Dow or S&P. The Transportation index has also fell below its support line while the Dow is in the apex of a bearish rising wedge pattern. Will the Fed save the markets again or will Wall Street finally meet reality? If the Fed didn't exist this would be the easiest short play.. I still think a pullback or consolidation is extremely likely
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