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Dow Theory Meets DeMark

|Includes: SPDR S&P 500 Trust ETF (SPY)

In my last few posts I've been noting that all the major indexes have completed TD-Sequential sell signals, minus the Dow Jones Industrial Index. As of yesterday's close however, the index has met the requirements for a sell signal under Tom DeMark's Sequential indicator. Furthermore there is an interesting Dow Theory non-confirmation forming between the Industrial index and the Transportation index.

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