Transports – November 27, 2023

The last post on Transports: https://bartscharts.com/2023/05/09/dj-transports-may-09-2023/

Appears, since the last post on Transports is in tact but the 3 wave sale signal and H+S pattern never worked and the market needed one more move before starting to sell off …

The “kiss of death” or “outside return” or “polarity” trendlines are present our about to be hit so we are at a VERY important point in the Transports … if they blow thru here w/ strength then we could be off to new highs.

If they smack into the orange trend lines and start stelling off then we have a 3rd wave starting/started and the next MAJOJR target is the highlighted green area … that’s a ways away, but that’s not that far away if we get rocking and rolling and overall liguidity goes night night …who knows?

Keep your head high and smile … it’s make a difference for everone!

Bart

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART