June 28, 2012

JP Morgan Chase Resistance levels


  • JPM Near 50 Day SMA, Daily Ichimoku cloud and 38.2% Fibonacci levels.
  • Confluence of resistance may stop the advance of bulls for now.
  • Close above these levels could target the GAP area. Negative close today may take the stock back to 23.6% fib level and below it.
  • S&P 500 ANALYSIS AFTER CLOSING BELL


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