Big Banks Are Shattering Resistance

Watch these big banks! 

Namely: JP Morgan (JPM), Citigroup (C), Bank of America (BAC) and the notorious Goldman Sachs (GS)

All of them are breaking out as I am typing this and they look like they could be solid runners for the entire week. 

Rarely do you find them or any group of stocks of a particular industry, all exhibiting massive breaks of long-term resistance simultaneously. But that is what you have here in the big banking industry. 

I expect that I’ll probably be adding one of the names from the list above in the days ahead, possibly even tomorrow. 

Here are the technicals and the trade setups:

J.P. Morgan Chase & Co.

Citigroup

Bank of America

Goldman Sachs