Ascending Triangle Banks bet on rate cuts

56
Chart pattern speaks for itself, could see some small minor correction down but staying within this triangle is bullish for regional banks and especially with contained subprime auto lending catastrophe I expect regionals to snap back what has happened recently does not jive with earnings from a large number of regional banks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.