When JP Morgan breaking down versus gold...JP Morgan VERY CLOSE to breakdown priced in GOLD.
SILVER enters BULL ERA when this happens.
#inflation #xauusd #jpm #gold #silver #xagusd
CMC trade ideas
Will tomorrow be the day $JPM drops to $71? I think it could >It sounds a little nuts, I know. But hear me out. We clearly have a double touch on the upper channel line on the 12 month- clear rejection. The 9 MA on the yearly looks awful too. General weakness, there and within the stoch rsi and mac d. The 3 month also looks awful. Let's hone in though on the 9 MA and 20 MA on the chart though- they're clearly about to fall through them. Oh, not to mention, the major obvious head & shoulders pattern. Everything looks horrible. Almost makes me wonder if the speech wasn't "awful" news today because tomorrow is the real drop, when everyone thinks the worst is out of the way... who knows? I just call the technical analysis like I see it. And based on the daily time frame anyway, I don't see anywhere else that JPM could LOGICALLY retrace to... so why would it? Time to drop :)
JP Morgan Priced in GoldIs JP Morgan a BIG BANK?
Priced in #Gold, it is VERY CLOSE to a full MELTDOWN.
#BankingCrisis #Bankrun #BankingCrisis #Banking
JPM: Buy ideaBuy idea on JPM as you see on the chart because we have the breakout with force the vwap and resistance line by a big green candle with a large green volume.Thanks!
Banks crisisWith everything that's happening in the financial sector, and speculations about a recession. Just like previous prediction on Citigroup share price, JP Morgan is setup for a short after breaking below the major support and turning it into major resistance. I'm for share price to drop to the next major support @117.29
Reversal DojiJPM can finally, maybe, have a pump back up to the $130s.
looking for break of the descending resistance.
JPM LongIf JPM can hold the 200 day moving average after FOMC this week, it is worth a shot long vs the 200 day. Keep the stop tight.
$JPM making me look bad!$JPM fell through that OG demand zone I had so now ofc it is a supply zone and resistance. If you look further back though we can make that new supply zone seen above.
We are at the 200-day moving average as well so good support there.
Again, that trendline I have is to be taken with a grain of salt. I think it is still being found and will be viable in the future.
I think the RR for $JPM is better from a fundamental standpoint than a price action one.
RectanglesPrice is hanging on the support line of the larger rectangle.
There is a smaller and larger rectangle in this chart.
It is hanging on, barely for now
Price is above the 50% retracement.
Earnings 4-14. I did not calculate upside targets but if this makes a miraculous recovery I will re-evaluate.
No recommendation
JPM short - megaphone pattern - target 118-120Financials are struggling a bit here for obvious reasons. I see a megaphone pattern appearing with likely target around 118-120 within a few weeks. A larger megaphone pattern also appearing with much lower target. Not sure if that will play out though. Best of luck to all.
reversalI think this fat green candle is the confirmation of a reversal up to the first resistance.
I personally will not hold this one for so long because I entered it knowing it would be a trade not an investment.
Just an update :)
repost for JPM PSA take that trend line with a big grain of salt, just an idea I see. Trends aren't two touch points, but all trends start with just two touch points.
I see a supply zone around where we bounced. I think better to look at it as a zone rather than blanket support.
Depending on time horizon you can see $200+ with JPM.
Some will see in the $130s, some in the $140s, some just want the dividend. All I know is it looks good and if you look close just finished a break down from a bear triangle.
Good luck :)
JPM Wave B top see fractal 1986 to 1990 The 1986 to 1990 fractal is matching up with the the recession of 1986/1990 Financial recession
JPM Wave B top see fractal 1986 to 1990 The chart posted is the first part of what I see as a Fractal Design back in 1986 to 1990 Recession I will post that as well
JP Morgan Bank will have a big crashJB Morgan Bank will collapse we are already at the beginning of a financial global crisis and it will be affect even on stock prices and we may see stocks fall by 90-95% of current prices. The gold is the only one safest in this next collapse. Even Bitcoin will not survive this collapse and will be pricely affected significantly and can see it on 1k or lower, so be careful and prepare new liquidity to enter
JPM good RR level$JPM around $127, $128 is a good longer term support level.
way back when it bounced to $144 afterwards. Bigger banks getting more deposits after midsize bank collapses
Mid size banks will be scrutinized harder so the bigger banks will have an advantage on the playing field
Cramer recommended it so I don’t really like it but I think I’m buying the dip he caused lmao. manage risk
JPM: Sell ideaOn JPM as you see on the chart we have the breakout with force the vwap indicator and the support line by a big red candle so it's mean that we will have a big proobability to have a downtrend.Thanks!
J.P Morgan Chase Bank - Is this the next bank to fail ? Massive Head and Shoulders pattern formed on weekly plus MACD.
Short Term JPM We have a clear Downtrend on JPM, just be carefull with the recisstance. Try to manage your SL with 600 pips on it.
BearishAnalyzed using VCP pattern. The market sentiment is bearish with and currently is in a downtrend. The indicators support this evidence. The increasing volume suggests that sellers are in the market.
Support is anticipated around 130'ish. I'm looking to see how price will behave around this area. Alternatively, if the trade moves against me I will be looking to get out a little after the peak of the previous pivot point.
Sidenote: This was analyzed on a 15m chart, though I mistakenly submitted on the 1H chart. 5m, 15m, 30m, 1H, and D charts were all used.
💾 JP Morgan Chase & Co. Worst Since 2008 | Major CrashAfter seeing what happened to SVB Financial Group and Silvergate Bank, I decided to do a little digging and see how the banks stocks are doing.
I looked up the biggest bank in the USA and got a list of the TOP15.
I can publish only 10 charts per day, so I will focus on the TOP10.
This time we will have a bank session... Call it a "Bank Holiday" .
Grab your popcorns... Sit back, relax and enjoy.
The bankers are about to pay themselves hundreds of millions of dollars in bonuses as the entire financial system they run burns.
Let's get started!
The top bank in the USA is JP Morgan Chase & Co. (JPM).
Here is the weekly chart:
Spoiler alert: Since 2020 this chart is the same as Bitcoin, the SPX, and the rest, the exact same, the only difference is that Bitcoin is more advanced in the cycle. It peaked first and it also bottomed first.
On the weekly chart above we can spot the following details:
✔️ This week is the worst in a long time.
✔️ Highest bear volume this week since February 2022.
✔️ JPM closed below EMA10 and EMA21.
✔️ Bearish cross on the MACD and the RSI jumping off a cliff.
These same points will repeat across all the other charts as all the markets are very similar and follow the same patterns.
On the monthly chart, which is the main chart on this trade idea, we have the following bearish signals:
✔️ Major lower high. Feb. 2023 vs oct. 2021.
✔️ Bearish MACD.
✔️ RSI trending lower for more than a year, ready to crash.
Will the FED save the market with their printing machine?
Remember they were doing everything possible to crash everything, maybe they won't be so eager to nullify everything they've done so far... Or maybe they will..
The chart is bearish.
Just as we saw with the SPX, DJI and NDX, JPM is pointing to the biggest crash since 2008.
Namaste.
R.I.P. JPMWith the recent news of SIVB's collapse, there is now fear in the market towards banks. JPM showed very impulsive rejection at a previous weekly/monthly area of support which is now acting as resistance. Could be a great opportunity for puts with expos a month out.
JP MORGAN CHASE Stock Chart Fibonacci Analysis 031123 1) Find a FIBO Slingshot
2) Check FIBO 61.80% level
3) Entry Point > 131/61.80%
