Friday, June 08, 2012 2:48:12 PM
Short term tide turning on banking industry
The longer term trend among the financials still appears to be down, however a short term swing toward the upside in the form of a counter-trend rally appears to be in the making.
UYG - Proshares Ultra Financials ETF:
NASDAQ Bank Index:
Paste this into Candleglance at Stockcharts and bookmark it for a handy reference to financial indices:
$BANK, $BIX, $BKX, $DJSRBK, $DJTBAK, $DJUSBK, $DWCBNK, $GSPBK, $KRX, $XRH
Paste this into Candleglance at Stockcharts for a handy reference to financial ETFs:
IAT, KBE, KRE, KRS, KRU, PJB, QABA, RKH, UYG
The longer term trend among the financials still appears to be down, however a short term swing toward the upside in the form of a counter-trend rally appears to be in the making.
UYG - Proshares Ultra Financials ETF:
NASDAQ Bank Index:
Paste this into Candleglance at Stockcharts and bookmark it for a handy reference to financial indices:
$BANK, $BIX, $BKX, $DJSRBK, $DJTBAK, $DJUSBK, $DWCBNK, $GSPBK, $KRX, $XRH
Paste this into Candleglance at Stockcharts for a handy reference to financial ETFs:
IAT, KBE, KRE, KRS, KRU, PJB, QABA, RKH, UYG
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