very important level on the Banks!

03/18/20 – last time I posed on the banks you can see this level held and then rallied nicely. it never made a new high. now, take a peak below as we can see a nice support zone that has appeared around 53-57. the 1.618 extension is the low of the day today. the ‘low’ might be in …banks lead us up and lead us down. I see this as a ‘bounce’ but one that is needed …

———————————————————