This one reports before the bell tomorrow, not sure when the CC is though.
This looks like it's seen some distribution as well, probably worse then INTC so I give it 4/5 stars.
The recent 10 min chart action in JPM looks bad, that's a leading negative divergence.
15 min chart on JPM with a negative divergence at an attempt to put in a higher high.
JPM 30 min. this is a leading negative divergence.
JPM 60 minute-god negative divergence on a slightly higher high.
Remember that JPM is a trade that broke resistance and since then, I've been questioning whether the breakout would hold or turn into a false breakout. There's been some negative action in XLF (ETF for financials) as well.
Take a look and see what you think.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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