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.
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