Mar. 20 at 2:36 PM
Two observations: Tops take time, and money is already leaving
đIf this is helpful to you, tap @NasdaqKnight
1ď¸âŁ Tops take time
They seem to happen all at once, but they actually unfold. Multiple divergences build before the turn.
2ď¸âŁ Banks are topping out
â˘
$GS $COF $BAC: price structures weakening, outflows accelerating
⢠Even my favorite credit card names
$V $AXP are seeing significant outflows
Flow data
Institutional positioning in financials is rolling over. This isnât one-off â itâs sectorâwide risk reduction.
Game plan
Start protecting portfolios: tighten stops, reduce financials exposure, and avoid catching falling knives.
Tops arenât called â theyâre confirmed. And the signals are here.
