• 1 hour How A Pandemic Made Americans Better Workers
  • 5 hours The Trillion Dollar Space Race Crosses Another Milestone
  • 9 hours Gold Prices Fall As Stock Market Sentiment Turns Positive
  • 1 day Conspiracy Theories Set Tone For 5G Cold War
  • 1 day Working From Home Will Transform The Energy Industry
  • 1 day The Multi-Billion Dollar Race For A Vaccine
  • 1 day Can Domestic Tourism Bolster Emerging Economies?
  • 1 day Australia Considers $100 Million Investment To Kickstart Mining Industry
  • 1 day Has Re-Opening The Economy Been Successful?
  • 1 day Gold Miners Still Have Massive Upside Potential
  • 1 day The Risky World Of Oil Hedging
  • 1 day Africa Turns To Innovation Amid The Global Pandemic
  • 1 day COVID-19 Sparked A Bicycle Boom
  • 1 day Will Government COVID Intervention Cause Inflation?
  • 2 days The Bitcoin Miner That Is Paid To Do Nothing
  • 2 days Capital Gain vs. Capital Consumption
  • 2 days Tesla’s Latest Battery Innovation Ready For Use In China
  • 3 days China Targets Hong Kong As Cold War With US Heats Up
  • 4 days No Shirt, No Shoes, No Mask, No Service
  • 5 days Insurance Companies Are Turning People Away As COVID-19 Crisis Escalates
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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…

Marty Chenard

Marty Chenard

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he…

Contact Author

  1. Home
  2. Markets
  3. Other

The Banking Index ($BKX) ...

The Banking Index closed at 75.10 and with the 30 day C-RSI at a positive level of +12.04.

Sounds good except for the serious levels some of the other indexes are at. My recommendation? Be extra cautious and extra careful at this juncture.

(Investors should keep an eye on the Banking Index because a healthy economy cannot move forward without the banking system being healthy as well.)

Banking Index Daily Chart

 

Back to homepage

Leave a comment

Leave a comment