Recently learning more about "statistical" arbitrage, will let you know when I've it ready.. Anyway got to keep hustlin.. you know..
Morgan Stanley predicted end of economic cycle in 2021. www.morganstanley.com And it looks like a yield curve inversion will occur in 2019 or 2020. fred.stlouisfed.org I combined the above ideas and drew a green line staying in the current bullish trend channel. I drew a red line showing a delayed bearish reaction after a yield curve inversion. Recessions...
New high will not be late as a month for finance sector. $120 and more is a little range for JP Morgan Chase & Co.
-Price is at a major supdem zone for the second time, so that makes is risky. -Major bearish candlestick, so that's another risk. -Price is at 61.8% fib, so that's good.