Market Call, Upper Channel Correction Imminent

This chart shows a 100% success rate as to a market reaction to the upper channel.

The Dow Jones Transport chart below is a very long term chart 1898 to 2014, so 'imminent' time frame is not hours or days it is weeks. It is safe to say that within the next 12 weeks a 10% price adjustment is very very likely. And with valuations screaming massive P/Es on the Russell 2000 and Nasdaq, a 10% correction may be on the light side. 

The Dow Jones Transport is only 20 stocks, therefore it is not hard for the composite man to get this index higher while others are shaking sideways or lower, but traders are the same in 2014 or 1900, they have GREEN on the screen and soon they will turn this GREEN into CASH. Profit taking on huge winners is an easy market call. 
 

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Investing Quote...
 

.."I latter told my students, 'think in waves' [of price and volume]"..

Richard D Wyckoff


.."The first rule is not to lose. The second rule is not to forget the first rule"

Warren Buffett