u/Silver-Rope7559

JPM (and the broader financial sector) seem to be in line for a retrace following the last 2 weeks of growth. Interest rate fears should send us down towards 321 on JPM to test the support zone before heading down towards daily trend line at 306.

This lines up with a potential BTC bounce as an inverse play

Spy looks to be forming a head and shoulders on the daily following our rise to ATH. If historical trends continue, we should sell down to test the breakout of the previous ATH AT 701. This move likely happens by end of July so it’s something to consider when attempting longs

Seems to be a rotation into the finance sector out of tech. Big tech is fading at the moment but the XLF ETF AND JPM both look strong (along with other bank names).

Daily inverted head and shoulders successfully retested the down trend line and bounced. Bull showed up and defended well. As long as the ticker remains above $310 on the daily, JPM should head towards 320 by EOM

Daily inverted cup and handle forming on GOOG.

What does this mean? Likely downside to key support level of 346 in the coming weeks. Losing 358.60 on the daily is the signal for the larger move to close the gap and see additional downside.

The inverted cup is a very bearish technical pattern and the rejection following the bounce is textbook. One of my favorite charts currently

JPM should be looking to head to the gap fill zone. Should go to 306.20s and below that, 298 is my general price target as finance fades post ER