Transports are sinking fast…

Transports are sinking fast…

The chart below was posted on 7/28, reflecting that negative patterns in the leading transportation industry was at hand and they were suggesting that gravity can be pretty painful and Ole Wiley was waving good bye to current prices.. (See post here) IYT and the DJ...
Gravity, Transports and Trucking….

Gravity, Transports and Trucking….

CLICK ON CHART TO ENLARGE They say that it isn’t the fall that hurts…its the sudden stop!  In investing, gravity can have an impact on portfolios when key support gives way!  IYT and the DJ Trucking index look like they are struggling with key...
Transportation “De-railment” at hand?

Transportation “De-railment” at hand?

CLICK ON CHART TO ENLARGE How the Tranports do can say a ton about the overall economy!  At this time IYT hit key Resistance at the top of a wedge, which looks to have broken some of its upside strength.  On a short-term basis, IYT has broken a short-term...