Now here’s something you don’t see every day. Or any day. Because for the Dow Transports to collapse five consecutive days is, well – – it’s pretty cool. They’ve traversed their entire range in a single week. As God Intended.

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Now here’s something you don’t see every day. Or any day. Because for the Dow Transports to collapse five consecutive days is, well – – it’s pretty cool. They’ve traversed their entire range in a single week. As God Intended.

Within the past week, the regional bank ETF symbol KBE broken its major trendline. This was positive news for the bears of the world (AKA me, Baby Bear, TNR, and four other people). This positive news has gone super-positive, as the H&S topping pattern of KBE is now complete. Banks are screwed and tattooed. It couldn’t happen to a nicer group.

We haven’t looked at the outside-North-America funds in a bit, but they look at dynamite as ever on the short side (provided they don’t slice above the key horizontal lines provided):
