Bullish on economy temporary recoveryInverse head and shoulders with SP500.
USBANKS COMPLETED BEAR WEDGE.
Since US banks and SP500 have a higher 70-99% correlation, the prediction is that the banks will start a new pattern with its correlation with the SP500 temporarily recover Bullish to complete the inverse Head and Shoulders Pat
FXCM USBANKS Basket Hourly Rally in Longer-Term WeaknessFXCM's USBANKS basket is in the bearish area on the daily chart on the left. The basket is an equal weighting (20% each) of JPM, BAC, WFC and C. A bearish cross of the EMAs and stochastic potentially align short-term traders with the daily. If signals occur, movement of stochastic to 20 level and ma
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