$JPM
Added 2024-09-10 16:31:22 +0000 UTCVery little has changed to this chart, I have Wave 5 at the $215 level and it appears that a local top has come in at $225
A long list of negative news came out in the banking sector today including:
Capital increases could be lower than expected
CPI data this week
Goldman has said that bond and currency trading is down -10% this quarter
Buffett selling $BAC
Dimon is talking about a succession plan
FED are talking about a Cut to the Capital surcharge hike
Any one of these could cause some concern
There was also suggestions that some large selling has appeared in banking stocks over the last week too....likely following Buffetts leadI have added in the white Fib levels now for $JPM if this is the start of their ABC correction
