• 14 hours Shadowy Brokers Target Easy TikTok Money In New Scheme
  • 2 days Cannabis Sales Are Soaring In The United States
  • 3 days Biden Will Be A Boon For Solar Stocks
  • 4 days The Shroom Boom Is Here To Stay
  • 7 days The Gold Rally Has Finally Run Out Of Steam
  • 7 days Citibank Analyst Predicts $300k Bitcoin By End Of 2021
  • 10 days Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 10 days 14 Million People Will Lose Unemployment Benefits On December 31st
  • 12 days Why 12 Million American Millionaires Isn’t Good News
  • 13 days Big Oil Is Paying The Price For Investing In Renewables
  • 14 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 15 days Did Amazon Just Democratize Prescription Drugs?
  • 16 days The Private Space Race Just Got Very Real
  • 18 days Short Sellers Are Willing Big In This Turbulent Market
  • 19 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 20 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 21 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 22 days Black Friday Could Be Retailers’ Only Hope
  • 23 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
  • 24 days The Real Reason Why Uber And Lyft Stocks Have Soared Nearly 50%
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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…

Contact Author

  1. Home
  2. Markets
  3. Other

The Banking Index is Updated. Does Danger Lurk?

Does Danger lurk on the Banking Index?

Last week, the Banking Index closed at 67.22 with the C-RSI at a Danger level of +1.59.

The Accelerator had a very small down tick. The Timing Indicator was in negative territory with an up tick that still showed technical upside trending.

The Banking Index was in a very high risk up condition. Please note that risk levels are extremely high and a Danger lurks, so please hedge any positions.

Banking Index Daily Chart

 

Back to homepage

Leave a comment

Leave a comment