TheBanker
Long

Goldman Sachs

NYSE:GS   GOLDMAN SACHS GROUP INC
Feb '17 should bring a trend change in $GS the last high of 227.16 has been followed through with neutral movement. We would need a breakout of this level to confirm the upside direction, a close below 174.19 would indicate further downside.

Brexit has given sell signals with support at 144.96 and now 5 month bullish phase. A waterfall event similar to 2007, 2008 remains the technical reversal of fortune.

Buying with caution
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