The_Unwind

Confirming The Decline..Big Money Banks Stocks Rolling Over

Short
AMEX:XLF   SPDR Select Sector Fund - Financial
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.