Tuesday, June 14, 2016

Bank Examiner

I'm not afraid of you running away
Honey, I got a feeling you won't
--Tom Petty & The Heartbreakers

Last month the banks lifted off the uptrend line for another circuit higher. Now they've come back down to the trend line and this time they act heavier.

If they decisively break thru the uptrend line, then I will consider this an important downside tell.

position in SPX

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