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Most banks are higher in the pre market, even Key Banks which has been considered by some as one that might just fail outright. One that I have watched as a potential problem is STI but the way things are going that will rally later too. There is a modicum of euphoria and relief that is embracing the financials right now so you can’t attempt to fight the trend. Opportunities will develop and creases fom entry will certainly develop for both longs and shorts. I’m very cautious here
I’m not aggressive that much either way here, so the charts below are more observation for now than specific entries. I will have names in the Sunday post. The weekend links will be posted tomorrow and I will try and have a Friday evening review later.
