As shown on the 4H chart BNKD, a triple leveraged ETF inverse to big bank stocks has had
ups and downs reflecting the chaos in the banking system with some failures and federal support
or takeovers. Online banks are thriving while some smaller regional banks are challenged with
a portfolio of bonds and treasuries bearing low yields. Price is presently at the...
PANW as a stressed back stock has been trending down. However as seen with the regional
banks at large ( KRE as an example ) the bear market had a bullish rally the past couple of
trading days. So, is this a reversal to trade or merely a pullback of the trend down good for
a short entry? On the 15 minute chart price has ascended to outside the Fibonacci...
We're looking for high probable trades on our Area of interest (AOI). The price can simply sell to buy, then collect liquidity and shoot down from our AOI, That's where we are looking for our shorts.
This is not a signal but a forecast, apply risk management, and manage your your trade when in profit, don't close until we reach our next purple demand zone.
Be...
