Thursday, February 10, 2011

Trannies Bullish




A few days ago I posted this chart in the chat room. I thought I posted this on the blog to but I may nothave. This count showed the corrective nature of the drop and I speculated that it was just lagging the Dow. I also pointed out that the daily MACD histograms where pointing at a potential bull cross. Today that has proven to be the correct call.