ucsgears

IYT - Reaction to the Stable Crude Prices

AMEX:IYT   ISHARES TRANSPORTATION AVERAGE ETF
131 5 0
Transportation Index might start breaking down. Provided the Crude Oil             Prices are stabilizing.

- Crude chart -
Various Levels to Watch for on CL


Watch out for the NYA             and NASX             as well.
NYA / NASX : Exchange Composites Interesting Pattern


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.
ucsgears PRO
2 years ago
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jangseohee
2 years ago
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
2 years ago
could hidden divergence give some bullishness?
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ucsgears PRO jangseohee
2 years ago
let it unfold, All i can say is manage your risk. Being an options trader, wide opportunity to do so.
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jangseohee
2 years ago
DJTA is 3 points away from 200ema
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