claydoctor
Short

IYT leads SPY Tilted double top formations looking left

AMEX:IYT   ISHARES TRANSPORTATION AVERAGEETF
14 1 0
The big picture says a lot here. Titled double top formations in the past..... and what happened next. We broke long term trend channel support in IYT             , and if oil             rises, it will hurt them even more, even if the dollar slumps, will not be enough to offset higher fuel costs, and economic contraction hurts ticket sales.
Bulls, please... put down the kool aid and walk away.
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