ucsgears

IYT - Reaction to the Stable Crude Prices

AMEX:IYT   ISHARES TRANSPORTATION AVERAGEETF
139 5 0
Transportation Index might start breaking down. Provided the Crude Oil             Prices are stabilizing.

- Crude chart -

Watch out for the NYA             and NASX             as well.

NYSE Composite             still getting rejected at the high. NYSE could sell off another 1000 points if it cracks. Along with that the other sectors and industry group will be followed.
DJTA is 3 points away from 200ema
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Railroad index has been hit hard
if 2009 uptrend line couldnt support (blue), the big short is confirmed IMHV]
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jangseohee jangseohee
could hidden divergence give some bullishness?
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ucsgears jangseohee
let it unfold, All i can say is manage your risk. Being an options trader, wide opportunity to do so.
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