The Transports do not look good.
Globally - the Baltic Dry Index appears
very poor.
Sentiment for Value?
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Bear MArket rally hats are being put on.
"Technically" it looks good according to the
"Good" or "Positive" for a CT/RT.
Have at it, enjoy the fear of no further
consequences to come... at least short term...
We'll...
DOW Transportation is not confirming the rise in YM DIA DOW INDU.
NQ Trans is holding its own for now.
Semi (SMH) is showing immense declines in availability of Semiconductors.
Disruptions affecting EPS will come into play in Q3 EPS.
Simply look at APPL, M2 and M1X ARMs are delayed.
AMD has reached its peak EPS as well.
INTC is sourcing Via its own FABs...
