For the DOW to continue higher, they need Boeing to be propped up. I envision a classic blame misdirection onto GE /Safran, the manufacturer of the LEAP-1B engines used on the 737 Max 8. Alternative, the pilots are blamed.
Besides offering what appears to be a conspiracy theory, consider the reaction we have seen off the support at $370. Another support sits at $360, and yet another at $330. The 100-day sits at $363, just between the two long-term supports. and are at historically oversold levels. There are a ton of institutional buyers under this bad boy, and nothing short of the truth (God forbid) will stop it from going up.
I am looking for BA to stabilize around $360 to go long - no need to jump the gun.