KBE - Bank On It

On the heels of bank earnings, the KBE went roaring higher today. Note how the small bullish pattern is complete. More important, however, look at the looming monster of a top that isn’t that far away from present price levels.

How the battle between these very-differently-sized patterns plays out will dictate the rest of 2023 in the stock market.

(Click on image to enlarge)

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