11/19/2016 – update to JPM.
the pattern in/around the 60’s caused quite the chop fest but was, ultimately, defeated.
now, since the election, JPM has vaulted out of the gate into the ‘big AB=CD’ and extension area … because of such a big candle coming into this level, it begs of caution if trying to short – perhaps look for a weekly or daily signal reversal?
wrong above 84 …
B
Good morning,Bart,i think like you about JPM and also about the eurostoxx banks index:it’s time for a correction.Which is the target of JPM of the potential downside?
hello paolo – right now, too early to tell. needs some time to get working and can then calculate some targets. a square root off the high is always a starting point