dow transports breakout thingie

  1. 3,694 Posts.
    Up 88 points to 3928 and a rolling year high.

    If 'stuff' is moving then probably so is the economy. Looks bullish to me s/t.

    I know that's a very simplistic view but then I'm a very simplistic trader.

    However the bears aren't completely cactus.
    The US 10 yr yield is rising and closed at 4.6% last night. If it continues to rise it's going to bite at some point.

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