Feb 23, 2021, I posted this chart warning about airlines on a technical level.
Apr 20, 2021, I posted this chart as a warning about airlines as commodity prices were breaking out.
Apr 28, 2021, I posted the CRB Commodity Index on the verge of a 13 year Major Breakout
Jun 21, 2021, I once again updated Inflation is not over yet.
Dec 28, 2021, another update XAL JETS Airlines Are Way Overvalued
While these charts seemed unrelated, today you can see just how related they are. No one could have predicted a World War but if you learn how to read the message of the markets you can know what they are forecasting. Commodities are bad for global social peace, bad for Airlines, bad for zombie companies.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.