Tuesday, June 7th - Stock Trends, Charts, and Commentary

The Banking Index closed at 70.69 with the C-RSI at a positive level of +6.63. The 30 RSI closed at a positive level with a tick that was above its nine month support line.

The Banking Index closed at 70.69 with the C-RSI at a positive level of +6.63. 

The 30 RSI closed at a positive level with a tick that was above its nine month support line.  

The Accelerator showed a downside cross-over with an up tick while in Lower-Q1 positive territory.  The Timing Indicator was in positive territory with a smaller and slower up tick while its two month pattern was showing an expanding wedge. 

The Banking Index was in a very high risk up condition that started March 1st with the Banking Index now being very close to testing its upper channel's resistance line.

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