Back on mid in mid 2007 FedEx gave us a good early warning signal that all was not well. If only we had known just how bad things would get during the GFC that followed. I have been watching this chart very closely. A close on the weekly chart below $130.00 might be a very dire warning indeed. Then again, it could be due to cold weather if you believe the Fed. (sarc)
NYSE:FDX weekly chart
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