In this post I would like to share several charts of the market indices; they are 65-min charts with 50EMA (Exponential Moving Average) planted on them. I think these charts will be helpful as we start to gauge the market in the coming weeks. The market will have its ups and downs, so these charts could be used as a guidance to understand the market's perspective and its sentiment. Following the 65-min chart 50EMA might especially be a good tool to follow to gauge the health of the intermediate-term trend.
iShares Transportation Average (NYSE:IYT)