Technical Analysis for AMEX:KRE Testing Double Top and 150 day moving average. Banks are nearing a resistance level. The KBW Bank Index (BKX) and the SPDR S&P Regional Banking ETF (KRE) have both been on a strong upward trend in recent weeks, but they are now approaching their respective 150-day moving averages. These moving averages are important technical...
The KBW Nasdaq Bank Index ( BKX ) is a benchmark index that tracks the performance of leading US-based bank companies. The components of the BKX index as of my knowledge: Bank of America Bank of NY Mellon Capital One Financial Citigroup Comerica Commerce Bancshares Cullen/Frost Bankers Fifth Third Huntington Bancshares JPMorgan KeyCorp M&T Bank Northern Trust PNC...
The KBW Nasdaq Bank Index (BKX) is a benchmark index that tracks the performance of leading US-based bank companies. The components of the BKX index as of my knowledge: Bank of America Bank of NY Mellon Capital One Financial Citigroup Comerica Commerce Bancshares Cullen/Frost Bankers Fifth Third Huntington Bancshares JPMorgan KeyCorp M&T Bank Northern Trust PNC...
American Stock Market Return by Asset Class for Q4
Banks are raising the reserve lvl in anticipation of the rising loan default. Facing weaker loan demand, banks tightened standards across all categories of residential real estate (RRE) loans and across all three consumer loan categories. In addition, banks also tightened their standards and terms on commercial and industrial (C&I) loans to firms of all sizes.
What a crazy time we are in. 5 months ago, all was gloom and doom. Last month, almost every asset class was up except USD. SP500 has been above 3200 for one month and Nasdaq has been hitting ATH for 3 straight months. How do you explain this market irrationality? One possible reason is that pension, endowment funds and investors are forced to invest in...
A comparison of the SPX , NDX, NYA , BKX , & IWM indexes for August 11, 2020. 14:40:38 (UTC) Tue Aug 11, 2020
A comparison of the SPX , NDX, NYA , BKX , & IWM indexes for August wk2 2020. 17:29:46 (UTC) Sat Aug 8, 2020
A comparison of the SPX, NDX, NYA, BKX, & IWM indexes for August 2020. 13:50:37 (UTC) Sat Aug 1, 2020
BKXBTC (Bankex) retraced and hit the 0.786 Fib. retracement support for the last breakout... The retrace can easily end here. All the signals are telling me that bulls are in full control of the BKXBTC chart. All that is left is patience while the chart develops. Remember to have a plan if you decide to trade. Feel free to leave us a comment if you want...
BKXBTC (Bankex) remains bullish with prices trading above EMA10 and EMA50. A fast retrace took place and the charts look like prices can easily continue moving up. We will aim at MA200 at 0.00000057 for 77% of potential profits. If prices drop we remain bullish and expect a bounce. We always secure profits once we hit our target. This is not financial...
Bankex (BKXBTC) is moving really good now and printing massive growth... We've been waiting for this one, right now we just wait and let it roll... This is the first candle it will go much higher long-term. Namaste.
Yesterday, BKXBTC (Bankex) challenged EMA10 on increasing volume and peaked at 26 satoshis... At the same time, bullish divergence is being printed on both MACD and RSI... This is a friendly reminder that BKXBTC is getting ready to move. A new low was also hit yesterday which makes things easy for trading. - You can set a stop loss at 20 satoshis... Any close...
Just like Spendcoin , Bankex (BKXBTC) hit a higher low while printing increasing volume. The downtrend line has been broken and the STOCH is oversold. Expect for prices to go higher within 1-3 weeks... All the targets are marked on the chart. Namaste.
BKX is looking for potential bullish breakout from here. It could happen anytime . Volume is gradually rising. Waiting for pump ..
The setup that we looked at for Bankex (BKXBTC) in early January is still valid today. The chart looks even better now, a bullish candlestick is being printed and volume is starting to grow. Here the full chart: And also on the weekly timeframe: Our strategy simplified 1) Buy and hold... 2) Set your sell orders on target and wait patiently... 3) Collect...
Bankex (BKXBTC) just took out two important resistance points. (1) Is EMA10 which is being conquered today. (2) The dotted grey trendline is also being conquered right now. Both of these are early signals and are confirmed only once today's candle closes. If prices close above EMA10 the signals are confirmed. If prices close below EMA10, the above...
We have been looking at Bankex (BKXBTC) and successfully caught multiple bullish waves before the breakout, collecting great profits... Even though there aren't that many signals on this chart, no strong bullish signals right now, I believe that another wave is coming that can easily produce 100% or even 200%+ of gains for Bankex. In the next few days, we will...