rarebreed29

$IYT IYT #IYT This level has LONG history

AMEX:IYT   iShares Trust iShares U.S. Transportation ETF
This $200 range has a long history of solid support which used to once be heavy never-ending resistance. This should now be really strong support as shown today. That double bottom it created at the $197 range this afternoon should really be current Temp. support. I would expect ( not financial advice) a relief bounce from here. If and when the $200 level is lost ( $195 is the lowest i'd hold Stop) you'll find no support until $175 followed by $155.

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