There are blow-offs on every bank. WBC retraced 61.8% of its entire range... wowsers. Currently p/e @ 15 yielding 5%. That's getting a tad expensive with all the talk of "bad loans are still out there". Goldman Sachs has also retraced 61.8% of its entire range trading in a negative RSI divergence. JP Morgan has had a 300% rally and merely 20% off its all time highs.
It's hysterical.
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