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DJT (Dow Jones Transport) made a textbook move.
👉Refer the last line why DJT is important.
It broke above resistance in early January and later pulled back to retest the breakout level.
Now we see a bounce off the breakout level, which has acted as support.
This is a pure technical setup.
DJT is important because "If the transports aren't moving the goods, the industrials won't be making them for long".
#DJT #Economy