U.S. Global Jets ETF

JETS NYSE ARCA & MKT

ChristopherCarrollSmith

Recently we've seen a significant "rotation" in markets toward large cap tech and defensives, and away from small caps, financials, and transportation. In this post, I will describe the rotation through a series of charts, and I will also suggest some explanations for what's going on. The long and short of it is that I think we've just witnessed a regime change,...

kklingyi

Daily Buy Setup

Dc1392

Daily chart on JETS shows a very good setup for a move up to test previous highs, and perhaps break the line of resistance for a move higher. Futures are down a bit at the time of writing this and it will be interesting to see how the market does overall this week. MACD is closing red getting ready to turn green while the RSI is heading up. Look at the uptrend...

optionsswing

“The U.S. Global Jets ETF $JETS provides investors access to the global airline industry, including airline operators and manufacturers from all over the world.” TECHNICALS $JETS is currently trading at $25.50 which is 13% below their most recent high of $28.98 which was made in March 2021. The stock has been in an upward trend since October 2020 as a result...

Dc1392

Daily chart on JETS is looking very bullish to me. First thing i see is the RSI heading up, and the MACD is closing red. Also if you look at the candlesticks you will see how it went below the 50 sma line previously, and then it went up. I see this happening again and we could see this reach new highs or prior highs. I see air travel picking up as more people get...

technicalTacos7716

Wave 5 Completion to occur after wave 4 low which should remain above wave 1 high.

sickun

the consolidation before the big pop in may? thoughts?

Hiddenharmonicstrading

Watch PRZ at 1.272 extension (for bullish price action) to get long of AB for trigger stop below. 1.414 labeled, all tp's labeled and measured @ 382 & 618 &1 of AD, @PETEYboy

RealMacro

When you see Head and Shoulders everywhere start to pay attention. Airlines are very economically sensitive and capital intensive. Definitely risk on industry. More debt, fewer passengers, less revenue per seat mile is not a recipe for airline or economic success.

Dc1392

Looking at the daily chart on JETS i can see a bounce off the 50 sma line like it has done so previously. MACD is in the red while the RSI is heading downward. I definitely see this ETF benefitting with everything opening back up, and people traveling more. Portfolio has been red the past few weeks but i am still holding strong on my positions as i have focused on...

dilille010

@mmsoccer $jets and $vde have a high correlation, i would just pick one for a position mmsoccer but with flights picking up wouldn't they go up? and what about the triangle with a more bullish entry? dilille010 @mmsoccer youre talking about fundamentals, i rarely use fundamentals to trade, im in $blok to have exposure to crypto, thats about as close to fundamental...

Gps-88

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Dc1392

JETS looks ready to take off and reach new highs, or prior highs. MACD is about to turn green while RSI is heading up. Vaccines are going out and here in CA the Governor announced that CA will be fully reopened by July. The chart looks great and expect this to reach new highs.

DDAS

Target $30

jwfalls4000

Like the volume accumulation/ while it also pulls back on low vol. Demand for air travel going up. Even seeing more people traveling on my socials. I think this moves next week.

cmacgowan

- Airport traffic is up, vaccine rollout, ease of travel restrictions and approaching summer travel season - Projected by summer 300 million Americans will have been fully vaccinated against the virus - By the end of July, China's airline passenger volume is projected to be at 90% of pre-pandemic levels - I see a rally for the next couple of months going into...

Dc1392

Looking at the daily chart on JETS and i see this going higher with more vaccines going out. current market conditions have taken a hit to almost every stock. Portfolio is currently down but i am not panicking as this is a opportunity to scoop some great companies that are getting beaten down. RSI is heading up and the MACD is in the red right now but it looks...

Ronin_trader

This Month I will only be entering a primary trade. As the Primary trade, this is aligned to the larger market direction and is deemed less risky. I'm bullish inclined for JETS as it is considered one of the COVID19 recovery sectors. The strike is also at a resistance point of the range. Entering at 0.3 would have been my preference but I was too late to get...