halibut

ZEB - Canadian Banks losing steam

Short
TSX:ZEB   BMO EQUAL WEIGHT BANKS INDEX ETF TRUST UNIT
After a 32% jump from this bear market’s current low on March 23, Canadian banks (equally weighted) stalled after a modest evening doji star; confirmed in the prior two sessions with half of an initial 10% reversal in the bag.

Today’s closing price is inline with support/resistance levels during the bear market of summer 2015.

If volume comes back, ZEB could get within 5% of the March 23rd low.
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