Banks stocks are reaching the end… Preparing the grownd for down move

Hi friends,

I normally don’t post to much about stocks, I did about Google some time ago and it did HUGE profit, but not much more.

Today I want to show you something interesting. ALL banks stocks are showing daily divergences and fighting weekly resistances!!! You know what it means to me 🙂

Here they are:

JP Morgan (Click to enlarge):

HSBC (Click to enlarge):

Morgan Stanley (Click to enlarge):

Goldman Sachs (Click to enlarge):

From my point of view, it says something. They all suffer from CLEAR slowing. Something is about to happen out there, no idea what and when though. As I always recommend, trading the stocks requires margin and patience, much more than in forex trading.

So the best way to trade it of course is with very negative leverage, and without fear if it goes against you. In such divergences it is question of time only until move comes. I think that within several weeks, it will happen.

I wish you wonderful week

Yours,

Vladimir Ribakov
http://www.vladimirforexsignals.com/

Advertisement

Click To Join Our Community Telegram Group

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

View Comments

Share
Published by
Vladimir Ribakov

Recent Posts

Weekly Summary And Review 22nd November 2024

Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of November…

3 days ago

Futures Subdued As Nvidia’s Forecast Disappoints, Geopolitical Tensions Mount

U.S. stock index futures were subdued on Thursday, as AI-heavyweight Nvidia's revenue forecast failed to…

4 days ago

Litecoin Short Term Forecast And Technical Analysis

Hi Traders! Litecoin short term forecast and technical analysis is here. We do our analysis…

4 days ago

NASDAQ Short Term Forecast Follow Up And Update

Hi Traders! NASDAQ short term forecast follow up and update is here. On September 4th…

5 days ago

EURCAD Technical Analysis And Short Term Forecast

Hi Traders! EURCAD technical analysis and short term forecast is here. We do our analysis…

5 days ago

GBPNZD Short Term Forecast Update And Follow Up

Hi Traders! GBPNZD short term forecast update and follow up is here. On Sep 3rd,…

6 days ago