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

|Includes:iShares Transportation Average ETF (IYT)

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.com

Stocks: IYT