Transports Sink Ahead of the Fed
August 01, 2012 at 10:48 AM EDT
This morning, the important and highly followed Dow Jones Transportation Index is coming under some selling pressure. The iShares Dow Jones Transportation ETF (NYSEARCA:IYT) is trading lower by $1.20 to $89.67 a share. Short term traders should watch for intra-day support around the $89.43, $88.85, and $88.10 levels. All of these levels could see potential [...]
