Stock Watch: Bull Flags On Financial Stocks: Alerting Interest Rate Hikes

Almost all major financial stocks have daily bullish flag patterns that have formed. JPMorgan Chase & Co. (NYSE:JPM) is probably the best and can be noted below.

Since banks do better in a higher interest rate environment, could this predict that the Federal Reserve will raise interest rates? We will watch the chart close as it will tell us exactly when to enter the trade at the best time...