The Banking Index closed at 73.49 with an up tick and with the 30 day C-RSI at a good positive level of +8.15. The Accelerator was in positive territory while technically in a medium term down trending posture with a short term up tick. The Timing Indicator was in positive territory with a shift back to upside trending.
Take a look at the second graph from the top that shows the 30 day CRSI level What is noteworthy is that the green support/resistance line show's that the CRSI is still above it.
Investors should keep an eye on the Banking Index because a healthy economy cannot move forward without the banking system being healthy as well.
