[LUV] update

In the backlink I provided the model below.


Current model is below.  As you can see, the model pretty much exactly called the upward reversal. You will see that I updated the count slightly but the sentiment is the same.  The model suggests that red 2 has either already occurred or will peak within 2 weeks and then the shares will plummet into wave 3 down.

The drop following the spike into red 2 counts best for me as 5 down meaning that it is being counted as wave 1 of 3.  But I have not written 2' off as a possibility.  I would like to see a 61.8%fib retracement and to see that little gap closed but unless we get a higher high than red 2 I have to count red 2 to be the retracement's peak.