ZOOM JETS Recovery Indicator
Keep an eye on money flows between ZOOM videos and JETS Airline ETF as a supportive leading indicator for economic recovery.
Bounce off support for ZOOM & double top in JETS does not support a recovery any time soon. My bearish bias continues.
Bounce off support for ZOOM & double top in JETS does not support a recovery any time soon. My bearish bias continues.
Note
Once again we see Airlines down ZM up as I expected. Vaccine news may have gotten everyone excited and FOMO kicked in but the reality is we are still very far from getting the benefits from a vaccine.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Related publications
Disclaimer
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.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Related publications
Disclaimer
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.