Expecting a breakdown from this 14 - 15 day range. breakdown initially followed by pullback offers entry signal. if we back in range it could indicate consolidation is still ongoing/market uncertainty is in play.
With JP Morgan & Chase acquiring FRC, the risk of another "bank run" has been delayed, however, the banking crisis is not over yet.
Further downside correction, possibly even the 1600 area in sight in the Longer run.
With JP Morgan & Chase acquiring FRC, the risk of another "bank run" has been delayed, however, the banking crisis is not over yet.
Further downside correction, possibly even the 1600 area in sight in the Longer run.
