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).

Stay Tuned

Charts by StockCharts

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