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Big movement expected on Jpmorgan Chase & Co. after a breach of the resistance

Jpmorgan Chase & Co. has broken through a resistance line of a Triangle and suggests a possible movement to 157.02 within the next 19 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 22 hours.

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We expect a $1,657.035 movement on KC within 48 hours following the event release at 16 Jul 14:00.

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We expect a $294.151 movement on GF within 2 hours following the event release at 16 Jul 12:30.

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