Financials Thrust To The Upside
Mike Paulenoff | Jun 27, 2017 02:39PM ET
Along with the Financial Select Sector SPDR Fund (NYSE:XLF), JPMorgan Chase & Co. (NYSE:JPM), Citigroup (NYSE:C), et al., American International Group (NYSE:AIG) is also is on the move to the upside, poised for upside continuation.
The attached big-picture technical setup shows AIG heading for a test of very important resistance lodged between 64.20 and 64.40, which if hurdled and sustained, will trigger upside follow-through potential to 66-67 next.
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