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Stage Coach - Market Analysis

We have many ways to view markets technically; there is no Holy Grail. The venerable Richard Russell favored point-and-figure charts as a way to blend charting with Dow Theory. The Dow Industrials (L) rebounded after a double bottom breakdown. Transports have outperformed the Industrials, but the clearest message is that they are 'out of sync'. The Chris Ciovacco chart shows similar weekly MA3 and MA5 and price leading both down.
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