On the back of my update on the financials yesterday (read HERE) I am keeping a close eye on JPM.
On a relative basis it has remained one of the better acting banks over the past weeks and as such i am looking for leadership there. If you look closely you can see the bullish candle reversal from May 24th, followed by so far three candles. A daily close above the blue horizontal line could lead to a move up to $44.20