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ridethepig
Oct 23, 2019 5:27 PM

Banks Breaking Out! Long

United States 10 Year Government Bonds YieldTVC

Description

With Yields miles ahead of the moves lately we are approaching a major breakout in US banks, a relative breakout here of the downtrend will be significant going into year-end.



BKX breaking out will be quite a bullish set-up for the overall market:



The major top in USD will help a lot here as we enter into the next chapter in the economic cycle... highly recommend those wanting to further their understand of the macro flows to jump into the Telegram.

All the best.

Comment

We got the breakout...

Trade closed: target reached

Comments
Antonio_trader
Great analysis! Seems consistent with today's break out on JPM, making new all-time highs.
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