JPMorgan & Chase's stock (JPM) fell 0.05% in the last session, settling at 158.56, amid negative pressure from the 50-day SMA, with the dominance of the downward correctional short-term trend, while the RSI reached overbought levels compared to the stock's movements.
Therefore we expect more losses for the stock, targeting the support of 150.50, provided the resistance of 161.55 holds on.
Expected trend for today: Bearish