banks, banks, banks!!

  1. 1,200 Posts.
    Isn't anybody LONG the banks LOL I'm short NAB, ANZ and feel like someone has a blow-torch up against me at the moment, technically not looking good since NAB has broken through its recent downward trendline and ANZ looking to do the same today/tomorrow; having said that its hard to see them continue their uptrend in a bear market (?) Should be solid reseitance on NAB at 3250 and ANZ at 1800 where there should be solid resistance; any thoughts out there.
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