About meTraders of Stocks, Currencies, Futures & Options. We're also the creators of MarketCorrelation.com - A web & mobile app for measuring market correlations.
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
