If there is to be any pullback I'd think it looks something like this. More upside follows.
I just wanted to see how often (roughly) bonds (zb - black line) and equities (es) move in the same direction. Blue - move in opposite direction up or down Red - move in the same direction down Green - move in the same direction up
Looking for some consolidation and bounce; alt one more down leg on break to 1.38 of prior drop.
My thinking is that the shortfall of capacity among airlines due to withdrawal of 737 max from service may actually lead to increase in ticket prices as demand from customers grows through the summer. I'd speculate that earnings and margins actually improve for all airlines.
Potential area of pullback. Wife told me to buy this below $100 - off course I did not listen... listen to your wife folks...
This looks awfully familiar; not that it needs to mean anything....