Where once NFTRH was constructive on silver, then bullish on silver we’ve also been constructive on the Airlines (I hold JBLU only at this time). It appears the time may be at hand to flip bullish there too even if for a short phase.
Here’s the daily XAL index today. Click for a clearer view of this large chart. All systems appear ‘go’ if it wrestles those moving averages to an upward slope.
The weekly chart is in a posture where it has held a higher low and wants to think now about a higher high. MACD is green and RSI is not overbought. STO, which I’ve started using again after a years-long layoff, as I’ll rotate the 3rd panel indicator (to avoid chartotony AKA chartist’s monotony) is bullish above 80.
Here’s my guy JBLU trying to bend itself to an uptrend.
DAL is going bullish, AAL may finally be getting its butt going and ALK looks okay.
Just a post reminding me, if no one else, that as the silver pump gets going there are other markets and sectors that could be interesting.
Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. [Note: the subscription rate to the value-priced NFTRH service will increase near summer’s end, so if you are considering a subscription don’t wait to lock in the current rate]
You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Follow via Twitter @NFTRHgt or StockTwits.
