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the_sunship

JPM - "you look poor"

JP Morgan Chase (NYSE:JPM)  
the_sunship Updated   
NYSE:JPM   JP Morgan Chase
Chart Patterns Technical Indicators Wave Analysis JPM XLF Contains image
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chartpattern indicator waveanalysis jpm xlf containsimage
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.
Comment:
more of a dramatic bounce, but still looks correct. H and S target - about 30

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

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