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IYT to $253

Short
iShares Trust iShares U.S. Transportation ETF (AMEX:IYT)  
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AMEX:IYT   iShares Trust iShares U.S. Transportation ETF
Trend Analysis Technical Indicators
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trendanalysis indicator
Transportation segment have been printing lower lows since early May as SPY still slowly going up. Typically transportation segment is leading indicator of overall economic activity. Immediate price support is on 200 MA, around $253. I’m watching closely how SPY and IYT will behave next few weeks.

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