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jaklu
May 28, 2014 4:15 AM

JPM - Ichimoku weekly Long

JP Morgan Chase & Co.NYSE

Description

Weekly chart long term resistance cloud so far protects bulls....No sign of cloud penetration, weak bearish cross of Tenkan - sen and Kijun - sen on bull's territory , no kumo cloud twist yet...Curious to see retest of Kijun-sen by bulls...then...

Failure to retest top at ~61$ will show signs of weakness of trend...otherwise still remain bullish
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