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Mike
05-17-2015, 12:16 AM
Watch lists have been updated.
Markets have been cycling between new highs and shallow pullbacks. Guess where we are now (new high).
If you are a Dow Theorist, take a look at the Dow Transportation Index. It is definitely not confirming any new index highs. Either this gets repaired quick or lookout below. My short taking watch list is curiously empty. I just read the data as it comes.