Price Time Volume Investing

Timing Market Cycles using Methods of WD Gann, Elliott Wave, Geometry, Squares, Trend Lines

Price Time Volume Investing WD Gann Elliott Wave Charts of SP500 Angles

Bank Index (BKX) Holding Up Well

September 10th, 2008 at 8:30 am by AndyAskey

The banking index (BKX) is well off the July lows and above the upsloping 50 day moving average.  The market always follows the financials.  It takes money to make money.  If the banks aren’t working then the market isn’t working.  As of yesterday the banks have been working since July.


Chart courtesy of Stockcharts.com

Tags:   No Comments

Leave A Comment

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.