Boeing (BA) Trend Reversal?
Boeing (BA) remains bearish on longer timeframes by most measures.
However, our Fractal Trend indicator’s short signal that began Feb 20th ended today, March 25th.
Despite this, we are already seeing a reversal of the current bullish trend as price reacts to the previous range.
Will be looking for reconfirmation of a short trend according to Fractal Trend in the coming days or to see Fractal Trend stay strongly bullish and us break the current resistance range we are testing for any kind of long setup.
However, our Fractal Trend indicator’s short signal that began Feb 20th ended today, March 25th.
Despite this, we are already seeing a reversal of the current bullish trend as price reacts to the previous range.
Will be looking for reconfirmation of a short trend according to Fractal Trend in the coming days or to see Fractal Trend stay strongly bullish and us break the current resistance range we are testing for any kind of long setup.
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