Negative divergence on financials is about as heavy as you'll see rn.
MFI, RSI, MACD, you name it, it's been plummeting whilst banks are making new highs.
Plenty of bears in here like to post gloom and doom stories but not sure if they're pulling the trigger to monetise their views.
US has 4 out the 5 biggest banks reporting tonight, so she's risky but there won't be any invitations to the short party...
I'll leave it there
Godspeed bears
XJO - Bear Posts only (Factors which might cause the markets to fall), page-14145
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