View: DB and CS - Daily - 6.17.16.png
DB and CS - Daily - 6.17.16.png
DB and CS, daily chart. This is an opinion and not investment advice.
I know the technical analysis looks fair and the volume is picking up but I think if it moves on up it won't get past resistance. DB is one of the too big too fails but its failing at a time when many others are and despite the ECB printing monopoly money this is one that is high on derivatives.
Correction. "Too big to fails ..."
and "... it's ..." (grammar out of the window, sorry).
Grammar aside, I believe you are correct. Looking at these charts in a bullish light is riding down a 'slope of hope'!