Category Archives: Airlines

When The Set-Up, Fails

February 23, 2026 By in Airlines, DAL, DAL-26-03, Dr. Elder, LUV, LUV-26-01, Spring-to-Up-Thrust, Transportation, UAL, UAL-26-01, Up-Thrust

One Side, is Exhausted

Today was the day when the airline sector was supposed to resume its uptrend into a (possible) new high.

Early in the session, that move has failed (not advice, not a recommendation).

Instead of moving higher, price action printed a new daily low.

As Dr. Elder said years ago in ‘Come Into My Trading Room‘, when a set-up fails, at times, it’s best to exit (if positioned) and re-enter in the opposite direction.

Airlines Sector, Daily

Last Friday’s action was a reversal bar with a higher close. The inference was for continuation to the upside.

As the arrow notes, that move has failed.

The benefit, is a well-defined stop (if short); that is, today’s session high (not advice, not a recommendation).

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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

Airline Sector Wedge(s)

February 22, 2026 By in Airlines, DAL, Transportation 1 Comment

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).

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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 … What’s Next?

February 21, 2026 By in Airlines, DAL, Transportation 1 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’.

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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).

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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.

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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 … Resistance & Reversal

December 30, 2025 By in Airlines, DAL, DAL-25-06

Bearish Divergence

Delta’s (DAL) the largest cap in the airline sector.

For the past three weeks, it’s attempted to break out above prior long-term highs.

That breakout so far, appears to be failing (not advice, not a recommendation).

Delta Airlines DAL, Weekly

Yesterday, DAL posted a new weekly low. Today, has been a test of that break (so far).

On the chart, we have an MACD bearish divergence.

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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’s ‘Terminating’ Wedge

September 6, 2025 By in Airlines, DAL, DAL-25-04, Interest Rates, Positions, Semiconductors

Along With, ‘Throw-Over’

Once again, we’re at the edge of the (price action) lake where the risk of being wrong, is least.

Delta’s at the extreme, contacting the terminating wedge, then backing off, returning into the pattern.

As action progressed higher from April lows, the amount of thrust (Force-Index) continues to erode.

Delta DAL, Weekly

Now that (nearly) everyone’s got what they wanted, higher unemployment, so rates can be lowered, the show’s about to start.

The ‘hand-wringing’ has already begun, link here and here.

Two sectors typically hit hard during an economic downturn, are semiconductors and aviation (not advice, not a recommendation).

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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’s at The Top

August 23, 2025 By in Airlines, DAL, DAL-25-03, Ed Dowd, Federal Reserve, Great Depression, Great Depression 2.0, Interest Rates, Positions, Prechter, Semiconductors, SOXX Tags: , , , , 4 Comments

Apex, Terminating Wedge

Was the Fed speech a turning point?

Remember, markets typically move in the opposite direction first after the Fed, then resume their main trend.

On Friday, markets were generally higher on interest rate hopes. It’s called ‘hope’, as the Fed’s not actually done anything.

Let’s word that more accurately. The bond market has not (yet) told the Fed to lower rates. When it does (if it does), they will follow and present their case as if they are leading the market.

Decades ago, Robert Prechter Jr., in a research paper, proved this point. More recently, Ed Dowd repeats the fact, link here (time stamp: 37:48).

Markets were higher, including the SOXX, covered here, and in this update, airline sector Delta (DAL).

Delta Airlines, DAL, Daily

If there’s any one chart showing why this site primarily works the short side, this is it.

The last major move was an impulse downward, taking less than three-months.

The corrective move against the trend, has so far been nearly five months in choppy overlapping action.

DAL, finished on Friday at the Fibonacci 78.6%, retrace level (not shown). Unless the market decides otherwise, we’re in a terminating wedge.

Currently short DAL, as DAL-25-03, with stop just above Friday’s high (not advice, not a recommendation).

Weekend Wait

Now, the worrying starts … we can almost write the mainstream media script for the next few days.

Why will the Fed need to lower rates? Is unemployment going to continue higher? What about all the mass layoffs? How will the consumer be affected … and on and on.

As a reminder, ‘alternate’ (real) unemployment numbers are here. We’re already at 25%, Depression era levels.

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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 Boeing ‘Wedge’

August 9, 2025 By in Airlines, BA 1 Comment

Something, About To Happen?

With an amazing technical move, Boeing’s earnings release (7/29), effectively closed the gap opened way back in January, of 2024.

Price action reversed from there.

BA, has since gone on to form a terminating wedge.

Boeing BA, Weekly

We have a wedge, ‘throw-over’, gap close , then reversal.

The past week can be considered an upward test of the ‘throw-over’, posting declining volume.

No (short) position yet … but close (not advice, not a recommendation).

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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 Stalls, after Earnings

July 12, 2025 By in Airlines, Artificial Intelligence, DAL, DAL-25-02, Livermore, Positions, Semiconductors, SOXX, SOXX-25-04, WMT, WMT-25-04, Wyckoff

Straight Up, to Resistance

Delta’s latest earnings release provided an excellent opportunity for a ‘changing of hands’.

We’ll have to see what happens next, to verify that premise (not advice, not a recommendation).

In a scene that could be straight out of Livermore and Wyckoff’s observations, the big players need huge volume to enter or exit positions.

For Delta, that volume event was (potentially) last Thursday.

Delta DAL, Daily

Stright up to resistance on massive volume.

Then, the next day, a lower close.

There’s a lot going on in this chart.

As noted, we’re at the 61.8%, retrace of the entire move; January 22nd, highs, to ‘tariff panic’, April 4th, lows.

The initial wave from highs-to-lows, was ‘impulsive’.

Then, and a-b-c, ‘corrective’ wave (labeling not shown), to where we are now.

All of which, brings us to ‘positioning’

Positions

As noted, short this sector as trade DAL-25-02; stop, just above Thursday’s high (not advice, not a recommendation).

Other Markets

Discretionary exit on SOXX short, SOXX-25-04, at break-even (not advice, not a recommendation).

Maintaining Wal-Mart short, WMT-25-04, with stop lowered to 96.78 (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