Transports Lagging

10/13/2009 12:43 pm EST


Thomas Aspray

, Professional Trader & Analyst

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While the Dow Industrials are close to the September highs, the Transports are still well below their highs. The Transports peaked on September 17 and the Industrials on September 23, but the Transports corrected 9.8% to the October lows, double that of the Industrials. Weekly studies are positive, but could diverge on new highs.

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