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Shortbanks

Will JPM higher after earnings ?JPM is in an uptrend since earnings the morning of July 14th at the end of the trading week. On the 1H chart with VWAP band lines anchored to a week before earnings as a dynamic support and resistance reference shows a rise from below the first standard deviation above the mean VWAP to above it with a pullback after the earnings and then a continuation at the depth of the pullback today July 17th. The two-time frame RSI indicator shows the lower TF blue line moving lower despite the uptrend today. This is suggestive of bearish divergence. The zero-lag MACD shows a cross of the lines above the histogram suggesting a reversal as does the green to red and positive to negative on the histogram. As a result, I will watch JPM for reversal and a put option or short sell stock trade.
NYSE:JPMShort
by AwesomeAvani
BOH Bank of Hawaii Is this a safe short?BOH has been in a downtrend for 2 months since the very beginning of the small bank crisis all precipitated by the fed and its rate hikes confounding the value of bonds with fixed yields. As can be seen on the 4H chart, price was in consolidation in January and February but the dropped out of the supply / resistance zone which is quite thick by the Luxalgo indicator. Price hit another consolidation range at about $ 50 and then moved lower as the banking crisis was temporarily stabilized but then took another downside leg. the moving averages show price underneath both the EMA 100 and EMA 20 while also in the range of three standard deviations below the mean anchored VWAP. the EMA100 and the mean anchored VWAP provide confluent super-trend direction. Support is breaking down; Price is in the deep undervalued area and has not stabilized where it is. As such it bargain hunter's dream but more likely a solid and sate shorting candidate. I always keep in mind if a catalyst such as federal rescue measures comes into play, and price reverses above say $36.00 some buying momentum could come into effect especially if short sellers need to cover their positions to out with a small profit or loss. This play would have far less liquidity than PACW but perhaps more room to the downside from which to realize profit.
NYSE:BOH
by AwesomeAvani
CitiGroup sym: (C) In Big TroubleCitiGroup Bear Flagging hard. Very high volume selling. I think there's more to this story than the public knows yet. All banks having a terrible day despite beating earnings expectations. I just don't trust the CLO exposure that these banks have. Citigroup may be in for a world of hurt soon if they overleveraged themselves. If Citi goes under we could see the entire financial system collapse with it. Be careful out there. Technical Pattern Daily: BEAR FLAG Supports in Green Resistances in Red. Good luck. This ship looks like it's about to sink.
NYSE:CShort
by BitBookkeeper
BTC/USD ultimate WIPEOUT before pump...Hers what I mean by wipeout of folks before pump. Take a look at this chart, this is BTC/USD compared with BTC/USDLONGS in the blue line monthly or weekly candles. For me looks obvious when most are betting long BTC price is down, when most are betting short BTC price tends to move up. I’m sitting on USD and waiting to see if BTC cleans out Long positions before moving up, so at this time I’ll pop some popcorn and just watch, since the theatre’s are closed and I’ll enjoy watching this. Stay safe, make money, and till next time.....
BITSTAMP:BTCUSD
by bitchris