Couple of harmonic completion in JPM:-
#1 The Feb to Mar butterfly formation which resulted in...
#2 An extended ABCD down move to 106.
#3 Price reversal with heavy volume on the 138.2% extension of the #2 ABCD which...
#4 Happens to be the 78.6% retracement level (higher low) from the 6 Feb low.
All these leads me to think JPM is about to make a move up to try a new high at $121.60, c.+9% upside. This is earnings season, all the volatility in global markets should = great trading results for JPM & fellow banks = pop in share price = Feds raise rates = +ve feedback loop on banks' share price. If you have not closed your shorts since my last post on the ESA, it's still not too late to do so.