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Marty Chenard

Marty Chenard

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he…

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Banking Index Danger?

The Banking Index closed at 67.50 with the C-RSI at a DANGER-Negative level of -1.09. NOTE that the 30 RSI closed at a DANGER-Negative level on its tick.

So, we can't say that Danger is not lurking, and to not get into serious trouble, the Banking Index will have to hold the support line seen on the chart posted below.

Banking Index Chart

 

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