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Transport Sector Signals Caution - SPX, DowJones and COMPQ

Kristin Alonzo

20-Feb-2018 09:15 AM

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The transport sector was the first fallen sector during the recent  sell-off, despite 8% bounce on benchmark last week -- transport continues to lag.  Per Friday's closing the 20 day crossover on 50 day moving average foretells weakness on technical. S&P 500 1% or an inch away on transport scetor pattern, DowJones flat lining -  Nasdaq Composite steadfast on bull pivot threshold.  Technical signals "caution".  Read my periscope on the market pullback  https://www.tradersfish.com/blog/blog_detail/174

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