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Dow Theory Update For May 26: Stocks Set Up For Primary Bear Market Signal On May 25

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

I don't have much time to write.

Yesterday the Transports closed up and materialized a rally exceeding 3%.

Thus, US stocks set up for a primary bear market signal.

See my two previous post for more about the implications.

Sincerely,
The Dow Theorist