IYT sentiment of the market
Vicious market movements to be sure. Want Binoculars and a true clue to the market mindset? IYT transports....and she is telling us... quietly..... down. The high LSMA often helps give a perspective as it rises over price. I was stopped out of DIA short but remain short and in the money on XLB. I will short IYT in the morning.
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