JPM - BULLISH SCENARIOJPMorgan Kicks Off Bank Earnings Season
The bank will re-test the major resistance of the falling wedge.
If a positive outcome occurs the next major resistance level is located at $132, or more than a 16 % possible return for the bulls.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.