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Transport Sector on its 3rd Day Decline

Kristin Alonzo

21-Feb-2018 09:13 AM

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The transport sector is now on dramatic bearish signal, its nearing 4% difference from the nearest 20 day and 50 day reversion.  Chart is forming an upside down U.

  • Apple (AAPL) Amazon (AMZN)  Netflix (NFLX) Alphabet (GOOGL)
  • SPY, QQQ, DIA, XLF, XRT, XLE, IYT, IWM, IBB, SMH

DowJones took a hit yesterday in lieu of Walmart 10% slump post earnings result - marking it as 11th closing price move of by full 1%.

S&P 500 and QQQ holding up their bullish threshold.  Technology giant stocks continues to outperform broad sector. Amazon and Apple within crosshair away from their record high.

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