• 1,108 days Will The ECB Continue To Hike Rates?
  • 1,108 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,110 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,510 days Could Crypto Overtake Traditional Investment?
  • 1,514 days Americans Still Quitting Jobs At Record Pace
  • 1,516 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,519 days Is The Dollar Too Strong?
  • 1,520 days Big Tech Disappoints Investors on Earnings Calls
  • 1,521 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,522 days China Is Quietly Trying To Distance Itself From Russia
  • 1,523 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,526 days Crypto Investors Won Big In 2021
  • 1,527 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,528 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,530 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,530 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,533 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,534 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,534 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,536 days Are NFTs About To Take Over Gaming?
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

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…

  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