Jamie Dimon has set the fear expectation, prior to the banks report this week.
Attached is the JPM CHART on a 15 minute time frame
The lines on the chart are referenced below and on the chart.
Yellow Dotted = Intraday Levels
White Dotted = Daily Chart Levels
I expect the PPI or CPI to be a catalyst for the market to get a counter trend going and Friday bank earnings to be the counter trend continuation. Again, those are my technical thoughts and outlook, of which, could be different from yours', so please stick with your trading rules and risk management.
Attached is the JPM CHART on a 15 minute time frame
The lines on the chart are referenced below and on the chart.
Yellow Dotted = Intraday Levels
White Dotted = Daily Chart Levels
I expect the PPI or CPI to be a catalyst for the market to get a counter trend going and Friday bank earnings to be the counter trend continuation. Again, those are my technical thoughts and outlook, of which, could be different from yours', so please stick with your trading rules and risk management.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.