Banks are up on irrational exuberance. US finance sector performing very well nonetheless.
Previous bull count triggers during an oversold period resulted in pullbacks which we are currently in although we have not reached the level necessary to confirm a selloff. Which is why I am confident in downtrend continuing and hopefully to at least <190.
190 is a conservative estimate based on how fly we have flown on nothing more than speculation. The descent is slow and steady but has maintained the right direction.
Previous bull count triggers during an oversold period resulted in pullbacks which we are currently in although we have not reached the level necessary to confirm a selloff. Which is why I am confident in downtrend continuing and hopefully to at least <190.
190 is a conservative estimate based on how fly we have flown on nothing more than speculation. The descent is slow and steady but has maintained the right direction.