novvoll12
Short

IYT 144.40-bearish- Declines within a 4-month falling channel

AMEX:IYT   ISHARES TRANSPORTATION AVERAGEETF
IYT
5 0 0
iyt
IYT             has staged a steady decline within a 4-month channel (from March 2015 high) towards the 142.72 low ( April             8, 2015). Below would expose the 141.91 range target (as shown on the daily chart ) and the 137.05 key low (October 15, 2014). The 146.35 high (July 24, 2015) should cap near-term bounces. Above 146.35 would re-focus the 149.87 resistance. Only above there would stabilize.
Outlook:
Short term: bearish
Long term: bearish
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out