US banks have been holding up ok.
Most are in a consolidation pattern.
With earnings starting next week, perhaps they'll stay in a consolidation zone till then.
JPM is going well - possibly cause they'll mop up all the dregs and come out even bigger on the other side.
BNKU, BAC and WFC all in either bearish pennants or ascending wedges.
These are bearish patterns but any consolidation is just that - consolidation. The breaking of that zone determines the bull/bear thing
Just on the run atm so here's a few charts from the phone to show you what I'm looking at and significant price points.
VIX still bubbling along well too...
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US banks have been holding up ok.Most are in a consolidation...
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| XJO (ASX) Chart |