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Article Archive For Keyword: Bank Index

  • Bank Index Being Tested

    ARTICLE SYNOPSIS...The banking sector's ascending triangle is being challenged probably because of credit quality concerns and of course the bearish pressure on the main indices.

  • Bank Index Closing In On Another Test

    ARTICLE SYNOPSIS...The last time this index look precarious, the markets hit a downleg and now it's showing another interesting juncture.

  • Bank Index Pullback In Danger

    ARTICLE SYNOPSIS...The bullish rally after a bullish reversal pattern is under strong resistance. Along with the price, one of the indicators retraces back from its previous high.

  • Bank Index Still In Correction Mood?

    ARTICLE SYNOPSIS...The Philadelphia Bank Index failed to sustain the consolidation range and the strong support as well, with the correction from this area leading to retesting previous lows. Will the correction continue?

  • Bank Index Topped Out?

    ARTICLE SYNOPSIS...The Philadelphia Bank Index looks susceptible to a correction, and this could evolve into a triple-top formation.

  • Bank Index Under Test

    ARTICLE SYNOPSIS...$BKX is on moving average support but under previous high resistance. So although technical conditions on charts are positive, the resistance might change the picture.

  • Double Top For Bank Index

    ARTICLE SYNOPSIS...The Philadelphia Bank Index responded very well to a previous double bottom and is now looking to possibly repeat with its bearish counterpart - a double top.

  • The Bank Index Fails To Confirm Dow

    ARTICLE SYNOPSIS...The Philadelphia Bank Index is a broad financial index that usually mirrors the Dow.

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