the_sunship

JPM - "you look poor"

the_sunship Diupdate   
NYSE:JPM   JP Morgan Chase
ok at 97 this should see support, but damn this is looking like a very long term top on Jamie Dimon's baby. That hurricane he was talking about started a few months ago.

Long term target is 50.
Komentar:
more of a dramatic bounce, but still looks correct. H and S target - about 30

Komentar:
according to this chart, the banking crises may have just started.
Komentar:
left shoulder looks complete on JPM
Komentar:
banks teetering, everyone thinks the large banks are safe
Komentar:
xlf is at heavy resistance here. I expect lower on the larger banks next
Komentar:
JPM call was early, but it's looking like it will crack soon.

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