Just when you thought the world was ending…the market comes back to life.
All was lost yesterday morning–and late last week.
But the market showed signs of life yesterday afternoon.
It seemed like there was a small chance today wouldn’t be so bad.
That small chance turned into a monstrously bullish day.
And financials look like they might be back.
Which includes ICICI Bank (IBN).
Here’s the chart:
Several weeks ago, it looked like it might break out–but it fell back.
Now, with the new hope for tariff negotiations, we might be ready.
A break above $31.99 could lead to a big move, especially if the market keeps bouncing.
We’ll keep an eye on it.
Happy trading,
Scott
