• 868 days Will The ECB Continue To Hike Rates?
  • 868 days Forbes: Aramco Remains Largest Company In The Middle East
  • 870 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,270 days Could Crypto Overtake Traditional Investment?
  • 1,274 days Americans Still Quitting Jobs At Record Pace
  • 1,276 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,279 days Is The Dollar Too Strong?
  • 1,280 days Big Tech Disappoints Investors on Earnings Calls
  • 1,281 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,282 days China Is Quietly Trying To Distance Itself From Russia
  • 1,283 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,287 days Crypto Investors Won Big In 2021
  • 1,287 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,288 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,290 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,290 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,294 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,294 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,295 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,297 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

Is The Banking Index Getting into Trouble?

Today's chart is an important update of our 12 year Banking Index chart.

Last week, the Banking Index broke its support line, along with the 11 month RSI breaking its support line as well. The only worse thing the 11 months Relative Strength can do now is to fall below the 50 level with would be a real negative for the banking index and the stock market in general. Risk levels are now VERY high.

Banking Index Monthly Chart

 

Back to homepage

Leave a comment

Leave a comment