Analysis

JPM Still Can't Get Out of Its Own Way After 'Great Earnings'

JPM P&F Chart Set-UP--

It is shocking to me, and disconcerting, that JPM has recovered very little of Friday's big downside reversal day. To get any initial upside traction, JPM needs to climb above and print 111.60, otherwise, its current P&F structure will remain vulnerable to another loop down to revisit Friday's low at 109.20... Last is 110.61/62.

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