The_Unwind
Short

Confirming The Decline..Big Money Banks Stocks Rolling Over

AMEX:XLF   SELECT SECTOR SPDR TRUST AMEX FINANCIAL SELECT INDEX
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Big Money Bank Stocks, Wall Streets most important and pretigious stock group
are once again confirming the renewed sharp selloff, and breakdown in the stock market.

Goldman Sachs, the crown jewel of investment banking,
and the leading large cap stock in the Dow Jones Industrial Average
was down over 7 % today !

You should always pay attention to the financials,large cap bank stocks. They hold an important key.

If the banks in XLF roll over from these levels,
then you will have quantified evidence, that something very serious is once again going on, that you might not be aware of.

Big money, sometimes called the "smart money..."
is always the first, and perhaps the most important money,. to leave the stock market.
Shouldn't you follow their lead... ?


THE_UNWIND
11/12/18 540 PM
NEW YORK
Agreed. Down we go. DJUSAG is a similar index to watch.
Reply
The_Unwind AetherMass
@AetherMass,

Thank you for your input, as well as the DJUSAG comparison.
Reply
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