Banking Index Update - September 13, 2016

The Accelerator was in positive territory technically down trending but with a higher fast tick yesterday.

The Banking Index closed at 72.24 with the C-RSI at a good positive level of +9.45. 

The Accelerator was in positive territory technically down trending but with a higher fast tick yesterday. The Timing Indicator was in positive territory with a Down tick again and showing a downside crossover. The Banking Index was in a very high risk up condition that started March 1st while Danger lurks.

(Our economy needs a strong banking system to keep functioning properly, so it is important to keep the Banking Index on one's radar.)

Disclosure:

None.

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