Looks like this week will start with a sell off each morning followed by a slow recovery throughout the day. General trend is currently downward. 143 could be tested then after that is 132 area. Very small gap to fill at 92 which I don’t think will ever be filled. I certainly hope not anyway.
So from a technical point 142-143 is a huge support.
I agree with these points. However, I think of flying hours are as expected or better then we may see highs of 180-190 and stay between 160-190 until such news as you have pointed out is made.
Well it couldn’t stay like that for much longer.29 Jun 2023 19:12
S.p has done pretty well recently consolidating so to see a fairly substantial swing in either direction was inevitable. Think investors just may have been spoked a little today on the how climate news and ubs dribble. Tomorrow will be another interesting day for sure. 👍