Transports Bearish

orange train between fall trees

Image Source: Unsplash


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 ...

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