Showing posts with label WBK. Show all posts
Showing posts with label WBK. Show all posts

2022-04-21

More Charts To Ponder

I neglected to include XBI in the h-pattern post. That one is a also a major and imminent pattern whose resolution will have important implications for the broader market.

2022-03-31

Doomed Banks

As I've said with other bank posts, most of these patterns repeat over and over. Not every example is included. I'm barely into the As and I've already seen several that looks like ABCB.

For ETFs, I like the KRE April 14 $68.50 put for ultra aggressive speculators (if you like taking 100-percent losses in pursuit of 500-percent or more gains) expecting an immediate drop and the KBE May 20 $50 put for those who are highly aggressive. More charts after the jump below.