We have spoken about this a bit today in our Telegram group, we have been impressed with how the bulls have been defending the 0.65 Fib and as I said in the last update, $LUV and $DAL could move together, in spite of them being on different impulse waves.
What is interesting about this chart now on the daily is that, if we do get a further bounce here, the price action and the 50 Day MA could cross the 200 Day MA at the same time.
I don't think I have seen this before or it has been a long time but either way, this would be bullish, double bullish?!....let's go with that.
Dan G
2023-08-09 17:30:34 +0000 UTCDan G
2023-08-09 17:16:18 +0000 UTCSteve Suric
2023-08-09 11:25:44 +0000 UTCPeter Mocca
2023-08-09 01:46:04 +0000 UTCTommyJR
2023-08-09 00:46:03 +0000 UTCSteve Suric
2023-08-08 20:03:33 +0000 UTCRoger Ellsworth
2023-08-08 19:34:28 +0000 UTCJonathon Quiles
2023-08-08 18:17:33 +0000 UTC