The Dow 20 Transportation Index is in a terrific bearish pattern.
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The Dow 20 Transportation Index, represented below by way of the ETF symbol IYT, is in a terrific bearish pattern.
Sadly, the volume on this thing stinks, and the options are even worse.
(Click on image to enlarge)
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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