Keep Tabs on These Argentinian Delicacies

Both BFR and GGAL, two South American banks headquartered in Argentina, have been acting better, technically, than many large U.S. banks of late. 

On the daily chart of BFR, below, for example, note the tight basing pattern over all major moving averages. GGAL has a similar chart, as well. 

Both BFR and GGAL report earnings this Wednesday, however, which should give us insight as to whether there is Argentinian meat on the bone to these appetizing setups.

We want to see the tight technical setups remains intact after earnings, above all else. 

As for the market at-large, I will cover the likes of FB and other key parts of the market for Members in my usual Midday Video, coming up.