Transports Still Lagging

11/23/2009 9:57 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

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The Dow Industrials have continued to make new rally highs, but the Dow Transports have failed so far to confirm as they remain below the October highs. It would be a negative should both averages turn lower from current levels, but this divergence could easily be removed by new highs in the Transports this week.

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