Transports Still Stronger

04/23/2009 1:49 pm EST


Thomas Aspray

, Professional Trader & Analyst


The Dow Jones Transports were up Wednesday and are higher again near mid-session on Thursday even though the Industrials are lower. The chart looks positive and the daily OBV is rising strongly. The 38.2% retracement resistance at 343 is the next upside target as the 23.6% resistance has been overcome.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on STRATEGIES

Keyword Image
MSG Networks: A Sporting Chance
12/12/2018 5:00 am EST

Validea is an advisory service which assesses stocks based on the investing criteria of many of the ...