$JPMorgan Chase(JPM)$
JPM signals a bearish Head and Shoulders top, underscored by heavy institutional distribution (e.g., 19M+ share sell-offs). Now trading below the 20/50 EMAs (~$312), momentum has decidedly shifted negative. The price is aggressively testing the final "line in the sand": the ascending trendline and the critical 200-day EMA at $295. A confirmed break below this $295 floor would validate a major trend reversal, opening the door for a deeper correction toward $270. Bulls must defend this level to keep the long-term uptrend alive.
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