Bull Flag in place but looks like breaking down.
Projection: Monday - Breaks down to at least 30.50 and then it will be interesting to see if it breaks further down for a lower low or higher positioning into the JPM earnings. Your choice here. But banks look pricier than they have for a while. But if they impress look for a breakout from the bull flag.
Goodluck
XLF
Projection: Monday - Breaks down to at least 30.50 and then it will be interesting to see if it breaks further down for a lower low or higher positioning into the JPM earnings. Your choice here. But banks look pricier than they have for a while. But if they impress look for a breakout from the bull flag.
Goodluck
XLF
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.