timwest

DJ Transportation Average Ishares - IYT - Daily - Cloned Decline

AMEX:IYT   iShares Trust iShares U.S. Transportation ETF
5
I guess now I can see why we had such a big bounce in IYT off the low last week. Pattern repeating...

The rally back to 149-152 was an ideal place to sell short.

I'm covering my shorts here on this very sharp breakdown.

Tim

1:48PM EST 143.96 last IYT 10/8/2014

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