JPM update

10/21/2017 – around a year ago the pattern below was defeated by JPM.  as you can see from November 2016 it was a pretty big candle coming into this level.

we are now at another crucial level for JPM.  100-105 ‘should’ cause some stiff resistance. w/ the continued bullish movement of the overall market would definitely WAIT for a monthly/weekly SRC before selling or taking profits.

Bart

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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

page_16-11-19_16-29-19

 



JPM sell pattern

JPM sell pattern

 

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