Tuesday, February 9th. - Stock Trends, Charts, and Commentary (*** If you see last week's Tuesday Update: Click Here)
Last week, we commented that investors should be concerned about Banks ($BKX).
So, what happened since then? Yesterday, the Banking Index dropped to a critical support line and then closed a bit higher at 59.45. In order to remain healthy and avoid more trouble, the Banking Index needs to hold a 58.70 close today.
Be very careful at this juncture.
*** Please feel free to privately send a link to this page to a friend or colleague by clicking on the link below.
You can become a Free StockTiming Member in less than 10 seconds ...
and receive important, free Stock Market email updates every Morning ...
To become a Free Member, simply enter your information and click on the "Free" button. You willreceive Daily Updates and Alert Notices every morning before the market opens. On other occasions, you will also be sent special links to important stock market information and/or studies.
Quick and Easy StockTiming.com Free Member Sign Up