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The Banking Index ... Should we Be Concerned?

Today we are showing the Banking Index as of Monday's close.

The good news was that the Timing indicator was in positive territory. The not so good news was that the Accelerator was going down while the C-RSI just moved to a low negative.

This is a lot of stress coming in on the Banking Index, so be careful and watch the $BKX.

Banking Index

 

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