Banks Continue To Send Bearish Divergence Message, At 800 Pound Resistance!
by Kimble Charting Is the Banking Index sending a caution message to stocks? It has for the past 28-months and it is experiencing a major resistance test of late! The Banking Index (BKX) started underperforming the broad market back in January of 2018, which created a negative divergence message to the broad markets. Banks started turning much weaker than … Read more