I've made a chart on TRAN in August where I called for a move down to 4000-4050 , today we hit this range which was my target over 1 month ago.
Here is an updated view of TRAN...
This is extreme bullish if its a possible huge inverted hs pattern - but I dont think it is or I dont believe we are going to rally this big.
However I see some big support in TRANSPORTS and a daily bullish MACD divergence , so very good chances the low of 2011 is in the transports.
Question is just if SPX will make a lower low than 1100 , time will tell us soon.
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