important charts: transports, banks

two important charts to keep in mind are the banks (BKX) and the transports (IYT).  note the bkx is right at resistance and looking precarious to break higher.  if and when it does so we want to be front and center taking advantage by adding MS and BLK long.

the transports (IYT) has already broken out…that's a potential leading indicator into year-end.  we want to buy pullbacks.

Watch More:

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Serge’s Daily Trading Tips

Subscribe now and get clear, actionable, and relevant trade ideas!

By giving your contact info you agree to receive future emails from The Steady Trader including educational and promotional content. By providing your mobile phone number and clicking on the above “Subscribe” button, you agree to receive automated promotional messages from us via SMS. By opting into our SMS Program, you agree to our Terms and Conditions and Privacy Policy.