JP Morgan Weekly Chart is in downtrend now since strong supoort at 32.26 was break, this stock will looking for 27.85…hope to see reversal point above 27.85.

 

NEW YORK (MarketWatch) — U.S. stocks fell hard Wednesday after Fitch Ratings signaled trouble for U.S. banks should Europe’s debt trouble worsen, with the crisis overseas continuing to dominate on Wall Street.

“The market has got such ADD (Attention Deficit Disorder), it goes from one thing to another, it’s like my beagle puppy, who can’t focus on anything other than what is right in front of her,” said Robert Pavlik, chief market strategist at Banyan Partners.