iShares Dow Jones Transport. Avg. Hits Key Max Trend Line: Shares To Fall

[Bryan Leighton]

The iShares Dow Jones Transport. Avg. (NYSEARCA:IYT) has soared over the last 18 months, running from $86.50 to $152.00. This is a whopping 75% increase in value. Today a major resistance level was hit. This will finally put in a top in the iShares Dow Jones Transport. Avg. (NYSEARCA:IYT). A 10% pull back would be in order here. 

Gareth Soloway
InTheMoneyStocks