• 655 days Will The ECB Continue To Hike Rates?
  • 655 days Forbes: Aramco Remains Largest Company In The Middle East
  • 657 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,057 days Could Crypto Overtake Traditional Investment?
  • 1,062 days Americans Still Quitting Jobs At Record Pace
  • 1,064 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,067 days Is The Dollar Too Strong?
  • 1,067 days Big Tech Disappoints Investors on Earnings Calls
  • 1,068 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,070 days China Is Quietly Trying To Distance Itself From Russia
  • 1,070 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,074 days Crypto Investors Won Big In 2021
  • 1,074 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,075 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,077 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,078 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,081 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,082 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,082 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,084 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  1. Home
  2. Markets
  3. Other

Dangerous is The Best Way to Explain The Banking Index Now ...

The ($BKX) Banking Index did hold at its rising channel's support line last week. However there is concern for later because the support line was breached for two days before the Banking Index found its way back into the range.

Note that the Banking Index was in a consolidation pattern last week and will breakout in some direction very soon. (Central Bankers remain scared along with Institutional Investors, so be cautious going forward.)

Banking Index Chart

 

Back to homepage

Leave a comment

Leave a comment