In my opinion, looks like the weakness of earnings but temporary bullishness of SM will provide short term pop for financials to 28.2X then drop to lower support for next consolation leg down.
Note
Watching volume but I'm out if we break down below the prior ceiling/hopeful support. Weak volume last few days suggest calibrated pullback in my opinion. I think we're still going higher. Don't quote me
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.