Financials Break Out

Large and small, Regionals broke out today.  My guess is on the news that the Fed will raise rates sooner than previously believed.  I am already long JPM from a lower level however would recommend JPM on a pullback/test of support as well as the double bottom in $C.  If you buy the breakout, plan to add on a test of the 2d with a stop below the February swing low.  Target equal to the height of the pattern, roughly $53 or more. JPM target roughly $63 but I always leave some on the table and let it run with a stop on b/e.  You never know how far we can go.

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