JPM Double Top

JPM has formed a double top and is now under the 200 day moving average. I expect it to stay under the 200 sma with selling pressure back down to its neckline at $105 with a breakdown through the neckline to the $100 target level where it will then run into some support. This is a swing trade with $100 target level and a stop alert at $109.5.
Chart PatternsTrend Analysis

Disclaimer