spacer spacer
Friday's Update

Friday, August 28th. - Stock Trends, Charts, and Commentary
                                         (***If you see last week's Wednesday Update: Click Here

For the Dow Theory enthusiast, below is a daily Transport chart as of yesterday's close.   Note that it closed higher yesterday and it was above its 7700 resistance level.   That was a positive.

The negatives are that it was still in a technical down trend, and it is now exposed to the possibility of making a "head & shoulders" pattern.   If such a pattern plays out, the Transports would move higher, not make a new high, and then fail to the downside.



























*This Free Member page is supported by the following advertisement(s):

   Do you have a friend or fellow investor that you think would appreciate receiving a link to this page of Today's Analysis"?

   If so, simply click on the link below to quickly and easily forward an email link.  It is completely private, so we won't even know if you send one.  

Send This Page To a Friend


You can become a Free StockTiming Member in less than 10 seconds ...
and receive
important, free Stock Market email updates every Morning ...

To become a Free Member, simply enter your information and click on the "Free" button.  You will receive Daily Updates and Alert Notices every morning before the market opens.   On other occasions, you will also be sent special links to important stock market information and/or studies.

Quick and Easy Free Member Sign Up

*First Name:

*Last Name:

* = Required