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. 6/18/16
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'!