Advised Trader

Share this post

User's avatar
Advised Trader
Heres why Financials and banks HAVE to rally this week
Copy link
Facebook
Email
Notes
More

Heres why Financials and banks HAVE to rally this week

1145 CST

Jun 08, 2022
∙ Paid
Share

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…

Keep reading with a 7-day free trial

Subscribe to Advised Trader to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Derek Frazier LLC
Publisher Terms
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More