$JPM has gotten in on the action too and has also got above its 200 Day MA and looks set to finish the week above the 200 Day MA too.
This is a big statement for the banking sector and we can also see that $BAC may have bottomed after finding support on its 0.78 Fib, which was also our Wave C level.
Good news for those holding $PYPL and $SQ too and $SOFI if it can break out of its channel.
I would like to see more strength here from $JPM but the impulse wave is valid here and still live.
Daniel SI
2023-11-11 12:13:29 +0000 UTC