On this 4H chart- TMV the leverage bear Treasuries ETF has been trending up
in a parallel channel. AT present it bounced from the top of the channel and is
heading down to the bottom of the channel. It is there that I will trade long
where the bottom of the channel is confluent with the mean VWAP providing
an overlap of dynamic support. Near that same level is...
Recently, a report posted on the Social Science Research Network found that 186 banks in the
United States are at risk of failure or collapse due to rising interest rates and a high proportion
of uninsured deposits.Jun 14, 2023
BNKD, the banking bearish and leveraged ETF has dropped in trend down in the past month
albeit with some upgoing corrections...
JPM is in an uptrend since earnings the morning of July 14th at the end of the
trading week. On the 1H chart with VWAP band lines anchored to a week before
earnings as a dynamic support and resistance reference shows a rise from below
the first standard deviation above the mean VWAP to above it with a pullback
after the earnings and then a continuation at...
KBE on the one-hour chart has been in a rising parallel channel for a month. It is now near the
the top of the channel having pivoted within the past few trading sessions. The MACD which is
no lag shows a line cross above the histogram while the RSI is topped out as it was on May 23rd
the most recent previous pivot downward. I see this as a short setup. The...
