Aligned with, The Delta Analysis

When looking at the airline sector below, it appears to support yesterday’s update.
That is, we have signs of potential buoyancy, enabling the sector and DAL to move higher (not advice, not a recommendation).
Of course, with that said, anything can happen in the markets.
Airline Sector, Daily Close

The circled area shows a wedge within a much larger (terminating) wedge.
If this pattern is in-effect, i.e., the market moves higher to the measured move, then we have one (possible) last high in the sector (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