The Transportation index in now in wave 5/ of 5 of V and should ideally make it higher to the cluster resistance near 10,756.
It's clear that a five wave rally can be counted from the March 2009 low of 2,134 and a five wave rally can also be counted from the January 2016 low of 6,403. Once this five way rally is complete a decline towards at least 6,403 should be expected. However, my preferred count shows that this five wave rally completes an impulse of one larger degree, which calls for a corrective decline all the way down to the March 2009 low at 2,134...
It's no a question of "if", but "when" the DJT tops. So don't fall in love with Transportation and become overly bullish at this point.