JP Morgan Chase

JPM Paths Before Earnings

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A new earnings season is kicking off this week with a lot of banks reporting Friday. I doubt I'll trade any banks, but I think it's important to monitor. JPM looks bearish to me despite the recent breakout. It had a fakeout above its ascending wedge and is now threatening to break below which could send it back down for a retest of the previous bull flag breakout.

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