Friday, 29 August 2014

2pm update - Transports bull flag

US equities continue to quietly churn ahead of a holiday weekend. The sp'500 looks set for a monthly close around the giant 2000 threshold. The 'old leader' Transports is offering a 2 week bull flag.. with the 8500/600s next week.


Trans'daily


Summary

Little to add..
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Notable weakness: airlines, DAL -1.4%,  UAL, 2.1%