Technical Event Alert Coming in Major Financials (FAS, XLF, JPM, BAC, WFC, GS, C)

There is a key technical event that may be close to occurring in some of the major banking and financial stocks.  These have all used the 50-day moving average as a key pivot point since at least July, and of late this moving average has acted as resistance as well.  This may be representative of [...]



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This entry was posted on Tuesday, December 22nd, 2009 at 4:22 pm and is filed under how to invest. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.