The DJ Transport Index closed just shy of declining resistance dating back to May of this year. There was a stochastic crossover, but the signal occurred above oversold levels. Trend strength is (very) weak - so the odds of a break are not very high, but if it was to happen then Friday would be a good day for it.
Keep one eye on it at least. Futures point to a flat open as of 6 am ET.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website