Transports Look Bearish

Ther transports look like the S&P 500 Index, but didn't move into overhead supply. They're still cleanly below resistance.

Trucking Stocks

UPS Breaks Wedge

UPS is a major holding in the Dow Transportation index. It needs one more large shoe to drop to complete its topping pattern.

Roku possible double-top if tech loses steam.

Short Everything

Good spots. Good risk reward, no room for increase with many stocks at resistance levels. Lots of downside potential with sentiment at extremes and people believeing there's no way the market can go down because Federal Reserve. Below charts aren't necessarily the best. It is a target rich environment, find your favorite sector and dig into the holdings. ARKK remains a target rich environemnt.

Watch Transports on Wednesday

The Transports ETF symbol IYT.