If you look at JPM on a Weekly chart its at the upper end of the range...
On the hourly this is the third time it's attempted to break above 155
Options open interest is centered around the 150 level
Like to see JPM back towards the support level
Could see a scenario where rates cool off...banks pull back and tech catches a bid...little rotation action maybe in the cards
Funny to watch both banks and big tech suck-up so hard to those in political power
On the hourly this is the third time it's attempted to break above 155
Options open interest is centered around the 150 level
Like to see JPM back towards the support level
Could see a scenario where rates cool off...banks pull back and tech catches a bid...little rotation action maybe in the cards
Funny to watch both banks and big tech suck-up so hard to those in political power
Note
Closed March 19 150 puts today for massive profits Wish they all worked out this quickly
Note
Thanks J Powell
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.