Leap this trade into next year! High Rates/No Jerome Milk Left
Updated
After an almost 70% run to the upside from its bottom, there has been minimal structure built beneath it.
Bull Case:
We have a give or take 17% potential run to the upsides resistance level.
Bear Case:
Give or take a 20% draw down to major support, I believe this is most likely the case after its 70% run.
On the other hand, these huge banks may get another program to help bail them out AND/OR they benefit largely from this rate increase/no cuts from squeezing all of the regional banks!
Bull Case:
We have a give or take 17% potential run to the upsides resistance level.
Bear Case:
Give or take a 20% draw down to major support, I believe this is most likely the case after its 70% run.
On the other hand, these huge banks may get another program to help bail them out AND/OR they benefit largely from this rate increase/no cuts from squeezing all of the regional banks!
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Watch this insane double top form here
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