Category Archives: BA-25-02

Boeing … Pre-Market

May 27, 2025 By in BA, BA-25-02, Positions, Spring-to-Up-Thrust, Up-Thrust 2 Comments

Exit & Set-Up

It’s never fun to wake up ‘in-the-red’ but that’s where Boeing BA-25-02 (short) was in the pre-market.

Based on the chart, with Friday’s lower close, price action had one of two choices; post lower and continue the decline or push higher from the spring set-up as shown.

Looks like we’re set-up to see if the (up-thrust) target area is met (not advice, not a recommendation).

With that said, the short was exited pre-market with an overall loss of 0.99%.

Boeing BA, Daily (pre-market)

Note, from the high on 5/14, to the low, last Friday, is Fibonacci 8 Days.

If the correlation remains intact, we’ll be looking for a potential target set-up, on Fibonacci Day 13.

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

U.S. Steel & The ‘Deal’

May 26, 2025 By in BA, BA-25-02, Positions, Wyckoff, X, ZeroHedge Tags: , ,

Another Short Opportunity?

A pattern is starting to emerge.

First, it was Boeing, now, it’s U.S. Steel.

Price action moves higher on news.

Trump Endorses U.S. Steel-Nippon Deal, link here.

Nippon purchase of U.S. Steel gets Trump’s approval for ‘planned partnership’, link here.

The ‘pattern’ begs the question: Can these upward ‘blips’ be sustained?

Blip Before Trip?

At this point, the answer to Boeing’s ‘blip’ from this site’s perspective is no (not advice, not a recommendation).

With that said, the short on Boeing (BA-25-02), could be stopped-out at the next session. Anything can happen.

Then, what about U.S. Steel?

U.S. Steel, X, Weekly

Price action has penetrated resistance which puts X, technically, in Wyckoff ‘Up-Thrust’ position.

There are several differences between the potential short set-up for X, and the one for BA.

First, the ‘spring’ portion on X, is missing, or not readily apparent like what can be seen here.

What Is & What May Be

Secondly, in Boeing’s case, events have already happened; production problems, design problems, quality control, labor disputes, bond ratings, already present.

Short trade (BA-25-02) anticipates, when ‘the blip is gone‘, focus on all things wrong with BA, will return.

The difference with U.S. Steel, a short would be in anticipation of things not yet present, to appear, such as the merger falling apart or some other event that negates the scenario.

Taking the two factors into account, no ‘spring’ portion of the set-up and anticipating things yet to appear, we’ll stand aside on shorting X, for now (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

Boeing … Adrift

May 22, 2025 By in BA, BA-25-01, BA-25-02, Positions

Floating On (volume) Air

Price action is at recent highs, and hovering.

Volume today, declined over -45%, from the prior session.

Boeing at this juncture, appears to be adrift (not advice, not a recommendation).

The set-up has been discussed previously, link here.

Boeing BA, Daily

Two attempts to position short.

Short trade BA-25-01, was stopped out at the next session when price action made a new daily high.

The next (short) trade entry, BA-25-02, when price action posted a new daily low (not advice, not a recommendation).

Note today’s volume when compared to yesterday.

Light volume indicates, BA prices at this level are not attractive to market participants.

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