Yes, but

Yes, it is bullish that we broke above the multi month Trading range, but we still need to rally & close solidly above the 14 year Long term Channel and 1 year horizontal Trendline resistance.

2023, the year of Banking Panics

From last month's email: "There are still good odds we are only at the beginning of the current Banking Crisis that will continue to gather steam as the year progresses. 2023 will be known in the History books as the year of Banking Panics, similar to  Banking Panics in the past"