ArcadiaTrading

FRC Reminder | Weekly Outlook NASDAQ and SPX at KEY Resistance |

Short
NYSE:FRC   First Republic Bank
- Both SPX and NASDAQ close right under resistance

- FRC potentially get take over by government that means it would likely get delisted meaning goes to 0

- currently neutral daily trend for SPY & QQQ need to see consolidation soon. retracement size will be key here

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