sp'daily5
Trans
Summary
*as has been the case since Nov' 2014, the Transports remains the market laggard, although remains above the May 29'th low of 8265.
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A pretty quiet start to the week... despite a third consecutive day of declines (for some indexes).
There appear few buyers.. and only marginally more sellers... as the market is increasingly focused on when the Fed might raise rates. For now... it is STILL the case that the equity bears lack any sustained downside power.
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Closing update from Riley
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a little more later... on the USD