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Dwayne_Kernahan
Oct 21, 2018 1:13 PM

October effect in full swing 

KBW Nasdaq Bank IndexNASDAQ

Description

Financials tend to lead the markets but this isn't set in stone.
With that said, fin indx near 52 low under 10MA with good vol.
close eye.
Comments
Sasquatch_Trader
Yes thank you and please keep tracking. Very helpful!!!
Sasquatch_Trader
@trade_dog_21, how many hours or days is it leading the market, and idea?
Dwayne_Kernahan
@trade_dog_21, It is believed by some to lead the market in overall direction. But we know that things can easily whipsaw.
Nothing is guaranteed. However, I often pay attention to leading financial and tech stocks as market leaders.
No time frame in particular but I always go to daily and weekly charts for overall feel.
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