Heres why Financials and banks HAVE to rally this week

1145 CST

This looks to me like the last stop down into the last of this 20 day cycle. Financials are playing with fire dipping so low.

The lows of last week should not be violated to remain plus 1 to 2 cycle strength for two more days

54 month Down

80 week Down

40 week Up

20 week Up

80 day Up

40 day Down

20 day Up

Its getting too bearish it has to bounce or this sector is in jeopardy to falling.

No additional rally to the 40 day peak is a bad sign for the market.

Remember $UVXY

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$jpm $c $gs #banks