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andrew.berg

JPM break of intermidiate support

Short
JP Morgan Chase (NYSE:JPM)  
andrew.berg  
NYSE:JPM   JP Morgan Chase
banks wekaness Bearish Patterns breakdown
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banks wekaness bearish breakdown
Financial and Banking sector is relatively weaker than overall market. And with today weakness in S&P, the stock closed near lows after break of important support at $58/ Next target is $55 with stop at $60

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andrew.berg
SPY trapped buyers
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