Replies to post #462551 on Zeev's Turnips Patch-No Politics (ZEEV)

[madrose1]

: ISHARES DJ TRANS AVG-IYT: Technical Alert
The ETF for the DJ Transport index has gapped-up this morning (closed at $80.65, opened at $81.38) on well over 100% of daily volume so far. It has cleared resistance at $81.38 (lifetime high) first hit on March 3rd. Given the volume activity it is worth keeping an eye on it as it moves to new high territory. This move has positive implications for both the Transports and the Industrials.