• 760 days Will The ECB Continue To Hike Rates?
  • 761 days Forbes: Aramco Remains Largest Company In The Middle East
  • 762 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,162 days Could Crypto Overtake Traditional Investment?
  • 1,167 days Americans Still Quitting Jobs At Record Pace
  • 1,169 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,172 days Is The Dollar Too Strong?
  • 1,172 days Big Tech Disappoints Investors on Earnings Calls
  • 1,173 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,175 days China Is Quietly Trying To Distance Itself From Russia
  • 1,175 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,179 days Crypto Investors Won Big In 2021
  • 1,179 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,180 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,182 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,183 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,186 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,187 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,187 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,189 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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

Banking Index Update

The Banking Index closed at 72.55 with the C-RSI at a good positive level of +12.03 The Banking Index was above its support line and its Accelerator was positive with a down tick that created stress. The Timing Indicator was in positive territory merged for a higher stress condition.

The Banking Index was in a high risk up condition that started March 1st.

What's helping? High levels of Inflowing Liquidity have been a plus for the market and have helped mitigate downside movement while recent stress levels have been high.

Our economy needs a strong banking system to keep functioning properly, so it is important to keep the Banking Index on one's radar.

Banking Index Daily Chart

 

Back to homepage

Leave a comment

Leave a comment