Transport Avg breaking out to highest in nearly three months

Trend bullish - Minor pullback has not done much damage despite being down 5 of the last 6 days.  Meaningful support should materialize between 4275-4320

S&P has now declined 5 of the last 6 days, but has lost merely 2.1% in that timeframe.  Meanwhile, the rally from late May which spanned 15 trading sessions managed to successfully gain roughly +7.5% or about +0.5% a day.

Thus, pulling back roughly 1/3 of this most ...

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