JPM: multi year topping potential

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JPM: multi year topping potential JPMorgan Chase & Co.NYSE:JPMartemfedorovThe larger-degree upside trend structure (from at least the 2022 lows, and potentially from the 2009 bottom) may have completed and be transitioning into a topping process ahead of a multi-year decline phase. Chart (weekly): As long as price remains below the January highs, I am treating any recovery as a corrective bounce within a larger topping structure. Local resistance zone: 308-320 Macro resistance zone: 330–370 Mid-term support zone: 245–200 Chart (Daily):