Thursday, August 18, 2016 12:22:04 AM
Yup, yup... GS has broken downtrend channel and major moving averages to the upside. It is coming up on horizontal resistance and 38% fib retracement level of about 167.50-167.75 elevations.
Perhaps we see some more rotation into financials now, which seemed to have been lagging.
Those levels on GS are very significant IMO and if broken to upside, could help to catapult indices to new ATH.
ZIRP,TINA,ZIRP......BTFD baby, lol
Perhaps we see some more rotation into financials now, which seemed to have been lagging.
Those levels on GS are very significant IMO and if broken to upside, could help to catapult indices to new ATH.
ZIRP,TINA,ZIRP......BTFD baby, lol
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