Warning Signs
When things start to look a little "off", or maybe something just doesn't look quite right, it shouldn't be ignored. You may be seeing cracks in the armor and those cracks can, in due time, lead to further break down. Lets review some recent warning signs pointed out here.
In late May and early June we discussed the Dow Theory - warnings signs were present.
This was the JUNE 4th chart
TRAN NOW-
We've also discussed the wedges in the various indexes...