Article Archive For Keyword: Bank Index

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• 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.

AUTHOR: Gary GrosschadlDATE: JUN 2002

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• 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.

AUTHOR: Gary GrosschadlDATE: OCT 2002

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• 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.

AUTHOR: Chaitali MohileDATE: AUG 2007

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• 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?

AUTHOR: Chaitali MohileDATE: MAR 2008

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• Bank Index Topped Out?

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

AUTHOR: Gary GrosschadlDATE: JAN 2006

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• 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.

AUTHOR: Chaitali MohileDATE: APR 2007

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• 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.

AUTHOR: Gary GrosschadlDATE: DEC 2002

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• The Bank Index Fails To Confirm Dow

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

AUTHOR: Gary GrosschadlDATE: SEP 2003