BOTTOM LINE: Banks will not do well. On shorter term charts (below is an hourly chart of the BKX - KBW banking index), ideally, we see a move higher to challenge today's highs. This would complete the corrective structure from 3 November 2009 lows.
Making money is a PROCESS. It takes time. ;-) I trade not today, tomorrow or next week, but when opportunity arises.
Opportunity is EASY trades - easy to establish (with little doubt) and to carry (with little worry about them). When there is a "maybe" there is no trade.
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