$JPM is an excellent example of the good news and bad news state we find ourselves in.
With zero interest rates, banks are doomed as I have highlight before. $JPM is a long way from a real trough.
However, the price action is sitting on a weekly SSR support and the $ESA is looking bouncy. Watch out if you are short.
With zero interest rates, banks are doomed as I have highlight before. $JPM is a long way from a real trough.
However, the price action is sitting on a weekly SSR support and the $ESA is looking bouncy. Watch out if you are short.
