Posts Tagged ‘RSI’

Financial Stocks Starting to Rollover

Wednesday, June 17, 2009 19:35 No Comments

Financial stocks are beginning to show signs of weakness with Citigroup (NYSE: C) looking the most vulnerable.
Citigroup stock (chart below) was the first in this group to break their previous uptrend line. With RSI under 50 and the MACD indicator turning negative, it appears that Citi may be under some pressure in the coming weeks.

This was posted under category: BAC, C, GS, JPM, MS, WFC Tags: , , , , , , , , , , , ,

US Dollar Losing Steam

Friday, December 12, 2008 19:02 No Comments

The 2008 US dollar rally is losing steam and may be coming to an end. I know that the run up in the currency left many in the financial world scratching their heads. How can the currency of a collapsing economy strengthen? Why, when trillions of new dollars are being created out of thin air, [...]

This was posted under category: $GOLD, $USD, 50 Day Moving Average, Bear Market, Charts, Commodities, Economy, Federal Reserve, Gold, Indicators, Inflation, MACD, Money, Oil, RSI, Special Reports, Technical Analysis Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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