ScotianBot

Possible Head & Shoulders for JPM?

NYSE:JPM   JPMORGAN CHASE & CO
JP Morgan is under pressure, and rightfully so, considering they've been caught with their hand in the cookie jar, once again, ahhhh the blasphemy!

I always find it ironic when the same banks calling Bitcoin a fraud get caught for fraud or money laundering, it strengthens the argument for Bitcoin every single time.

Possible H&S breakdown, bearish cross on the KST . I zoomed in on the KST so the bearish cross is noticeable, but if you zoom out there's a noticeable H&S pattern.

Descending Triangle on the RSI , similar to the blue pattern in the price action, potentially double bearish confirmation.

The FED is busy saving the DXY & trying to prevent the USD from losing world reserve currency status, so maybe they'll let assets decline until elections are over, who really knows? But if the USD collapses I don't imagine all assets prices will increase, it could get fugly.

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