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While the Dow Industrials came off the August lows and ran back up to new highs, the Dow Transports hardly even budged. The $TRAN has spent nearly that entire period of time below the 200-day moving average, and is now slumping back down to retest those lows. |
Some of the truckers have already been in their own bear market for months:
Charts courtesy of StockCharts.com
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