Trannies breaking support are a significant technical factor for Dow Theorists:

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FusionIQ Equity Market Review July 7 2010

Category: Technical Analysis, Think Tank

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One Response to “FusionIQ Equity Market Review: July 7 2010”

  1. Clay says:

    Interesting observation today by David Rosenberg regarding commodities:

    “The problem for the commodity complex in general is that the Baltic Dry Index, a usually reliable leading indicator, has plummeted by half since the end of May, is down now for 29 consecutive sessions and is at its lowest level in more than a year. Not to mention the fact that this is on nobody’s radar screen (page 21 news in the FT)!”