TradeRecon

Dow Transports Signal Pullback

Short
BATS:IYT   iShares Trust iShares U.S. Transportation ETF
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Based on Dow Theory, the Dow Transportation Index is a leading indicator of market moves for the Dow Jones Industrial Average . With both IYT and DIA running into resistance levels the odds of a minor pullback to support seem likely, especially with the out performance to the downside for our leading indicator IYT -1.54% today vs -0.24% for DIA

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