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Odd Airline Sector Bellweather Inquiry : Are airlines important to the S&P ?
Feb. 25th
Mar. 12th
NOTE That Light Green Line
It's this Cups' Green
A 10 day of its' $25 back on Feb 25th
And now it's time to......
And assign some Odds
LASTLY CHECK IN ON AMERICAN AIRLINES
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Aaal&x=0&y=0&time=100&startdate=1%2F1%2F2018&enddate=6%2F6%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Whom we had studied on Feb. 25th also :
DELTA AIRLINES - $ 50 Bucks ! . . . .
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=dal&x=52&y=14&time=100&startdate=1%2F1%2F2018&enddate=6%2F6%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Unbelievable
nowwhat
Well ?....Now ?.....hmmmm - Let's see......
That might require some research....
Involving more than just a goofy chart !
I'd also wanna be looking at DAL and AC
Plus weighing the likelihood of an S&P correction
Factoring in whether this 2wk-old chart, etc. still applies
Okay now I just looked at AC here where its' $25 Buck Level will soon be providing the entire answer to your question !
Sell AAL if AC starts PLUNGING THRU $25
And it'll probably throw some head-fakes - on down thru, just to fool us
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Aac&x=59&y=14&time=100&startdate=1%2F4%2F2012&enddate=9%2F10%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Notice how it has poked thru already = Danger Indicator
I-Hub chart's indistinguishable
Recovery stocks !............Recovery stocks !.........Just GOT TO buy Recovery stocks !
One moth later :
Airlines !......Airlines !......Aren't THOSE good ???
Earnings coming up soon again ?
4.5 months ago
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