richardthick

Dow Jones Transport Divergence Continues to Widen

SP:SPX   S&P 500 Index
The divergence of the Dow Jones Transports continues to widen from the stock market. China went into full lockdown mode and most recent data still suggests China is restricting credit. Debt ceiling approaching in the USA. September usually has a sell off. As I have said before, its a dangerous game to bet against the fed but I would proceed with caution.. Having stops in place and hedges are essential moving forward IMO.
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