Bullish Bias for JETS ETF and Airline Stocks
Traders and investors should be watching for bullishness into the fall for several airline stocks as well as the US Global Jets ETF (Ticker: JETS).
We are sharing here with our readers the weekly JETS chart with the EquiPreict forecast model (blue) overlaid on the current momentum cycle (red) of the JETS ETF.
Charting enthusiasts will note the recent turn up on the momentum model and potential break to the upside of the downtrend in momentum.
To your success.