The airliners have been fairly stable since the early June surge lost its momentum.
For U.S. Global Jets ETF (NYSE:JETS), support near the April highs has held up extremely well during the pullback. We sure like the set up so far this month. A meaningful upside breakout could be on the way. A clear take out of the $18.30 area could lead to quite a run or flight higher.
US JETS ETF Chart
JETS ETF: Ready To Lift Off?
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