Financial under attack (warning: very graphic contents)

 

Mayday, Mayday.

 

Today’s action in financial stocks bring up a grim image: a wound is open on the banking giants in the wild and a group of hungry bears (not wolf!) are attacking, biting off any flesh left open. They are defendless.

 

This does smell like a capitulation…

 

watch out for a brief reprieve in last hour of OE day. Bull won’t give up without a fight.