Delta … What’s Next?

February 21, 2026 By in Airlines, DAL, Transportation Leave a comment

Possible, More Upside

Delta’s showing high page count in this site’s metrics.

Here’s an update.

We did get the downside move as suggested here.

However, DAL did not collapse as expected.

Instead, it looks like there’s some buoyancy, which implies more upside (not advice, not a recommendation).

Note the pivots (so far) occurring on Fibonacci counts.

Monday is ‘Day 8’.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Straight into Resistance

February 20, 2026 By in OMC, OMC-26-01, Spring-to-Up-Thrust Leave a comment

OMC, Earnings

Omnicom, announced earnings on Wednesday, link here.

Market response was to launch from a spring set-up, straight into an up-thrust.

From lower blue line support, into upper blue line, resistance.

Note the increase in volume while range narrows.

Price action’s laboring higher, at resistance, as volume increases significantly (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar’s Reversal

February 19, 2026 By in PCAR, PCAR-26-02, Spring-to-Up-Thrust, Transportation, Up-Thrust Leave a comment

New Weekly Low

The weekly chart of Paccar Inc. shows a new weekly low off an up-thrust condition.

In addition, as can be seen from the lower blue support line, we also have a repeating pattern, link here (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Delta, Set-Up, Follow-Up

February 18, 2026 By in Airlines, DAL, DAL-26-02, Transportation, Up-Thrust 1 Comment

Test, Complete?

The last update on Delta, link here, said there’s a possibility for an upside test.

Looks like it’s here.

Today, price action net upward progress, appears to have slowed (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Terminating Wedge … TXN

February 17, 2026 By in Semiconductors, Artificial Intelligence, Up-Thrust, TXN, TXN-26-05 Leave a comment

Struggling, Above Resistance

Once TXN pushed past resistance, upward net distance has slowed.

Daily close chart, at left.

Now, we’re near all time highs.

For the session, price action printed higher but could not close higher (not advice, not a recommendation).

Prior updates on TXN, are here and here.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Entegris … Divergence

February 16, 2026 By in Semiconductors, Artificial Intelligence, Up-Thrust, ENTG Leave a comment

Fibonacci, and MACD

Entegris reported earnings last week, on the tenth.

Market response was to launch into and up-thrust condition along with hitting the top of a terminating wedge, as well as printing a Fibonacci 161.8%, projection.

Technical details (up-thrust, removed for clarity) are shown on the daily chart below.

Entegris Inc., ENTG Daily

We’re looking for a new daily low at the next session (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Lattice Semi, At The Edge

February 15, 2026 By in Artificial Intelligence, LSCC, LSCC-26-01, Semiconductors, Spring-to-Up-Thrust, Up-Thrust Leave a comment

Another, ‘Repeating’ Pattern

Lattice broke out to all-time highs on its latest earnings; here, here and here.

If you believe the press, it’s ‘buy’, ‘buy’, ‘buy’ (not advice, not a recommendation).

If we look at the actual truth, the price action, we (potentially) see something else.

The chart below, shows we’re at The Danger Point®, where it won’t take much to go either way.

Lattice Semiconductor LSCC, Daily Close

At this point, LSCC is in ‘up-thrust’ position.

Being at that location, does not guarantee a reversal.

It says, we’re at the point of instability. Price action needs to decide who’s in control, bulls or bears.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

The Delta Set-Up

February 14, 2026 By in Airlines, DAL, DAL-26-01, Up-Thrust 1 Comment

‘Test’, Next Week?

At this point, the Delta Airlines breakout has failed.

Friday, the current decline slowed, which implies that next week, may be an upward ‘test’ of resistance (not advice, not a recommendation).

The failed breakout was observed in real time and traded to the short side as DAL-26-01.

Covering of the short was on Friday, with a 6.29%, profit.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

3M … Stretched

February 13, 2026 By in MMM, MMM-26-01, MMM-26-02, SAIA, SAIA-26-01, Spring-to-Up-Thrust, Up-Thrust Leave a comment

Repeating Pattern

The last update on 3M, was here.

From that point, price action declined as expected, then pushed below support, getting itself into ‘spring’ condition.

From there it rallied, posting highs above previous highs and created an ‘up-thrust’.

So, now we have ‘spring-to up-thrust’, link here.

3M, MMM, Daily

The prior short trade, MMM-26-01, was closed out on January 27th, with a slight positive, break-even.

The stop for the current short, MMM-26-02, is (or will be), the session high (not advice, not a recommendation).

Other Markets

Separately, short trade SAIA-26-01, was closed out with 2.17%, profit.

The expectation was for a lower open and immediate continuation lower (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Saia, Inc. … The Breakdown

February 12, 2026 By in Rydex, SAIA, SAIA-26-01, Transportation Leave a comment

Watch the Transports

It’s a no-brainer we’re seeing or about to see, massive corporate layoffs, link here.

If it’s as bad as reported or worse, the economic hit can’t be denied or somehow spun as ‘the best economy, ever’.

Back in the day, when the markets made some kind of sense, old-timers would tell us to ‘watch the transports’.

It’s the index which typically signals the first sign of economic trouble (not advice, not a recommendation).

SAIA, reported earnings two days ago, link here.

The market reaction was a powerful thrust lower, a slight recovery (test) yesterday, then continuation to the downside, today.

SAIA, Inc. SAIA, Daily

The trading response was to go short on the tenth, increase the position by 50%, yesterday during the test, then stand back and let the market decide (not advice, not a recommendation).

Rydex Bull/Bear

Recall, the work has already been done from a strategic standpoint, probability favors the downside, link here (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279