Transports nearing 50% retracement of 2020-2021 rally

September’s Triple Witching Friday close at multi-week lows is particularly negative for the prospects of a rally, and further selling still looks likely over the next couple weeks to likely undercut 3700 before a relief rally can get underway in October.  While intra-day volatility was very present during Friday’s session as volume expanded and prices attempted to claw back to halve losses by the close, weekly charts still showed prices making new weekly l...

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