Wednesday, 15 August 2012

2pm update - still waiting, on the edge

The dow is close to breaking the lower channel/trend, as seen on the hourly...


Transports, daily


Another 15/20pts off the dow, and we might actually have a chance at leaving this current super narrow trading range of the past 8 days.

*the transports is seeing some considerable strength today, and I'm really not sure why.