Banks Breaking Out!

With Yields miles ahead of the moves lately we are approaching a major breakout in US banks, a relative breakout here of the downtrend will be significant going into year-end.

BKX breaking out will be quite a bullish set-up for the overall market:

The major top in USD will help a lot here as we enter into the next chapter in the economic cycle... highly recommend those wanting to further their understand of the macro flows to jump into the Telegram.

All the best.

Commento:

We got the breakout...

Trade chiuso: obiettivo raggiunto