KBW CAPITAL MARKETS INDEX - $KSX
Comprised of equities that constitute the U.S. Capital markets - dominant broker/dealers, trust banks, asset managers and exchanges are all represented.
Monthly chart shows weakness and selling as price moved up to test the prior hgish.
Weekly chart shows a double top into fib resistance.
Daily chart shows price below most key moving averages, and heading lower.
One can play the $KSX using the KBW Capital Markets ETF - KCE
Sunday, October 21, 2007
$KSX Analysis for 10.21.2007
Posted by TraderZ at 10/21/2007 12:38:00 PM
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