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Banks appear overstretched ahead of US Juneteenth holiday, with potential pullbacks likely Thursday.

Technical Signals
18 Jun 2026
FXEmpire
View Source
Neutral
pluang ai news

Major US banks JPMorgan, Citibank, and Bank of America show signs of being overbought as the market heads into the Juneteenth holiday on Friday. JPMorgan faces resistance near $335 and may see short-term selling, while Citibank is favored for steady gains but also shows exhaustion signs. Bank of America could jump if it clears $57.50 but may also pull back to support near $55. Thursday trading may be choppy or erratic as many traders prepare for a long weekend, making short-term pullbacks possible and potential buy-the-dip opportunities for longer-term investors.

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