Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Friday, December 21, 2018
TRAN Dow Jones Transportation Index Daily Chart; Bear Market
The trannies are spanked into a bear market. TRAN, the Dow Transports, topped out at 11623.58 on 9/14/18. A -20% drop is a bear market which is the 9299 level. TRAN is in a bear market. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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