• 1,019 days Will The ECB Continue To Hike Rates?
  • 1,019 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,021 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,420 days Could Crypto Overtake Traditional Investment?
  • 1,425 days Americans Still Quitting Jobs At Record Pace
  • 1,427 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,430 days Is The Dollar Too Strong?
  • 1,431 days Big Tech Disappoints Investors on Earnings Calls
  • 1,431 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,433 days China Is Quietly Trying To Distance Itself From Russia
  • 1,433 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,437 days Crypto Investors Won Big In 2021
  • 1,438 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,438 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,441 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,441 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,444 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,445 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,445 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,447 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

Banking Index Update

At the close yesterday, the Banking Index showed strength but it was also showing short term weakness that needs to be worked out.

The Accelerator was in high positive territory but also showing some weakness coming in.

The medium term plus is that the RSI was positive and above its 5 month support line.

Banking Index Daily Chart

 

Back to homepage

Leave a comment

Leave a comment