Some interesting developments in the bank etfs today - XLF and KRE, worth watching on both a weekly and daily basis. Long term JPM looks like a head and shoulders may be forming.
Komen:
TYX chart, looking ready to break up and out
Komen:
KRE backtest of bearflag
Komen:
30yr yields coming down to test the breakout area, still might take a few days to test that area. I still think higher is likely.
Komen:
TYX in the target zone
Komen:
banks XLF at resistance zone. JPM has earnings friday
Komen:
potential reversal candle on XLF, watch the dollar as well.
Komen:
potential reversal candle on JPM.
Komen:
yields
Komen:
KRE regional are breaking down
Komen:
any bounce to the trendline is an objective short, no guarantee they get that high.
Komen:
KRE trendline rejection.
