The iShares DJ Transport Average Index (ARCA:IYT) has soared over the last 18 months, running from $86.50 to $152 -- a whopping 75% increase in value.
A major resistance level was hit on Wednesday, which will finally put in a top in the iShares Dow Jones Transport. Avg. (NYSEARCA:IYT). A 10% pull back would be in order here.