for those who took the short, be aware that DAL is getting close to the first target and now down just over 7% as i type. i will also update the charts on the other airline shorts, included the FAA etf, with some updated targets later. i am still debating covering DAL at T1 or holding out for the bottom of that gap (T2) as i see increasing signs that the uptrend is nearing an exhaustion point (declining breadth, certain sectors having clearly broken down already while the broad market advances, etc…)
