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Earnings season is upon us again, and many of the major financial names start reporting the week of the 14th. In August we pointed out that financials continued their trend of making divergent lower highs and they have done so yet again in September. J.P Morgan Chase (JPM) being one of the only exceptions. Our thesis is that this continues to be a canary in the coal mine belying the markets underlying weakness as it tries to turn down in more of a Primary degree 4th wave. In the video below we update