Banks Breaking Out!
With Yields miles ahead of the moves lately we are approaching a major breakout in US banks, a relative breakout here of the downtrend will be significant going into year-end.
BKX breaking out will be quite a bullish set-up for the overall market:
The major top in USD will help a lot here as we enter into the next chapter in the economic cycle... highly recommend those wanting to further their understand of the macro flows to jump into the Telegram.
All the best.
BKX breaking out will be quite a bullish set-up for the overall market:
The major top in USD will help a lot here as we enter into the next chapter in the economic cycle... highly recommend those wanting to further their understand of the macro flows to jump into the Telegram.
All the best.
Note
We got the breakout...Trade closed: target reached
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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.
Related publications
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.