Get started
claydoctor

IYT leads SPY Tilted double top formations looking left

Short
iShares Trust iShares U.S. Transportation ETF (AMEX:IYT)  
claydoctor  
AMEX:IYT   iShares Trust iShares U.S. Transportation ETF
0
1
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.