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Dow Transports

13 May 2016 ‚óŹ 04:58 AM

Dow Transports - was yesterday weakest US index as it broke the previous swing low on daily charts. The weekly chart below shows the start of wave 3 down for the larger bear market from the 61.8% mark and a break below the 40wema. The lower tops and bottoms indicate an ongoing downward trend.

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