The Berkshire Blizzard Likely to Take a Pause

Berkshire Hathaway, a top component in the XLF sector ETF for the financials, has hit its multi-year measured move, seen on the monthly chart, below. If you have been following my work for a while now, then you know that back in the summer 2010 I was a wild bull on Berkshire based on that highlighted symmetrical triangle on the monthly chart, below--I will discuss this in more depth after the bell in my video recap. 

But the risk/reward to fresh money longs here in Berkshire and the financials still seems unfavorable. 

As such, the weaker bank charts, such as BAC C JPM, are on my short reader into weakness after these snapback rallies.