Bear Flag On Transports Signals Downside Coming

The Transportation ETF (IYT) is putting in a classic bear flag on the daily stock chart. Just two weeks ago the IYT put in a topping tail as well. This is a major top signal and saw the transports coming in prior to making this bear flag. Investors and swing traders should be ready for further downside in the transports, with the downside target being a possible $235.00.

Members of Gareth’s Verified Investing Alerts closed out a total of 206 swing trades in 2020 for a net gain of 1,507.67%. Gareth has already banked 582.37% net (58 winners, 1 loser), in Verified Investing Alerts in 2021 for members!  Join now and get the exact entry/exit price alerts, stops and targets…LIVE as well as daily videos, weekly live broadcasts and free educational videos. Get The Action NOW by Clicking HERE.