4 Big Banks and their relation to KBE
Weekly time frame....White line front runs a
change in direction...be it temporary or permanent
to long to explain...but white peak before blue peak
and things head down...if blue continues with white
or stays flat...there is little change to direction
or price just chops sideways a bit.
use other indicators to confirm...but white line can
bounce off or hug envelope channel and explain price
--------
The 4 headless horsemen of banking are next to each other...
Does something seem quite interesting among them since each is way different in area of investment...political control...money-metals exposure....MBS and the like...
So why are three pretty close to copies if you glance for more than a second or two, yet the fourth is somewhat similar but trending differently...
Just an interesting thought experiment
change in direction...be it temporary or permanent
to long to explain...but white peak before blue peak
and things head down...if blue continues with white
or stays flat...there is little change to direction
or price just chops sideways a bit.
use other indicators to confirm...but white line can
bounce off or hug envelope channel and explain price
--------
The 4 headless horsemen of banking are next to each other...
Does something seem quite interesting among them since each is way different in area of investment...political control...money-metals exposure....MBS and the like...
So why are three pretty close to copies if you glance for more than a second or two, yet the fourth is somewhat similar but trending differently...
Just an interesting thought experiment
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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.