• 1,137 days Will The ECB Continue To Hike Rates?
  • 1,137 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,139 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,539 days Could Crypto Overtake Traditional Investment?
  • 1,543 days Americans Still Quitting Jobs At Record Pace
  • 1,545 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,548 days Is The Dollar Too Strong?
  • 1,549 days Big Tech Disappoints Investors on Earnings Calls
  • 1,550 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,551 days China Is Quietly Trying To Distance Itself From Russia
  • 1,552 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,556 days Crypto Investors Won Big In 2021
  • 1,556 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,557 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,559 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,559 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,563 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,563 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,564 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,566 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…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

Caution Update ...

Well, the Banking Index (the BKX) is holding its up trending and support for now, but its longer term trend is showing a down trending channel.

The pressure is on with the 30 Relative Strength reading coming in at 50.54 (or 00.54 on our CRSI indicator).

At the same time, the Accelerator and the Timing indicator are showing down moves, so we could see trouble at this time. Be very careful now.

Banking Index

 

Back to homepage

Leave a comment

Leave a comment