JPM trade ideas
JPM eyes 66,5$ levelThere are a lot of weak charts out there, this is one of them. As S&P and other went all the way up to high levels JPM and some others struggled a lot. Now that we see an oncoming weakness in the broad market, charts like these will fall like rocks as other more stronger ones brace for a correction.
CLEAR ascending support on JPM - and we are lazy at it right nowAscending support on JPM - some will also identify the pivot highs calling for a triangle pattern.
Keep an eye on this support level if the market gets weaker - looking for things that were already lazy when the market was strong... looking for those to then get even weaker when the market gets weak... this is a good way to find intraday setups!
Hope this chart perspective helps the community
xeenos trading - sending positive energy to all those watching.