$COF - Financials in general just... weak
For me, and only using 2018 as a reference - the financials have 100% been a leading indicator for the market. If you don't agree - you can peep my 
GS post from August 2018 because there really isn't an argument. Seeing as each chart I've looked at has just about the same correlated pattern - just decided to post the one with the best R/R. Without even forecasting some crazy bearish move - even a -4% move could seem like a "pullback" to bulls or the start of another December for bears. Either way - I don't see a way out of this one for 
COF without touching a PT of mid 76.There's plenty out there to be bullish on but, I'm just not seeing it with the financials rn.
GS post from August 2018 because there really isn't an argument. Seeing as each chart I've looked at has just about the same correlated pattern - just decided to post the one with the best R/R. Without even forecasting some crazy bearish move - even a -4% move could seem like a "pullback" to bulls or the start of another December for bears. Either way - I don't see a way out of this one for COF without touching a PT of mid 76.There's plenty out there to be bullish on but, I'm just not seeing it with the financials rn. 
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.