While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
Transports have a potential double top on a weekly chart @ 136.90.
Today's ORL# is 134.74.
A close today below this level is a negative indicator.
This would be a Risk Off Pattern needed to confirm more downside.
January, 2014 MediumTerm Outlook-1st-qtr-2014/
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