by Chris Kimble | Dec 13, 2018 | Kimble Charting
Large and Regional banks have struggled this year, as both indices have declined nearly 15% in 2018. These declines have taken place as interest rates have been moving higher, which historically is positive for banks. The declines of late in Regional Bank ETF (KRE)...
by Chris Kimble | Oct 17, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The left chart above looks at the Bank Index (BKX) over the past 13-years. In 2007, the index diverged with the broad market as it was creating a bearish descending triangle. Once support of the descending triangle broke, selling pressure...
by Chris Kimble | Sep 28, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This 4-pack compares the price action of today with the price action of the 2007 highs in the Dow Jones Home Construction Index, Bank Index & Real Estate. Before the S&P peaked in 2007, Home Construction, Banks and Real Estate started...
by Chris Kimble | Jul 17, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The long-term trends for the S&P 500 and JP Morgan remain up. Despite the trends being up, both have made little upward progress over the past 6-months? Any reason why they have struggled to move higher? One technical reason could be a...
by Chris Kimble | Jun 27, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The above chart looks at the Bank Index (BKX) over the past 11-years. At this time the “trend on banks remains Up!” This very important index peaked in 2007 at (1), before breaking support and then falling hard for the next couple...
by Chris Kimble | Mar 24, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The 2-pack above looks at the KBW Bank Index on a long and short-term basis. The chart on the left looks at the index on a monthly basis over the past 12-years. The rally over the past couple of years brought banks back to where they peaked...
by Chris Kimble | Mar 14, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This 2-pack looks at 10-year & 30-year yields over the past 30-years. Both have remained inside of falling channel (A) over the past 25-years. The interest rate rally over the past two years has both of them testing 25-year falling...
by Chris Kimble | Feb 8, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The chart above looks at the Bank Index over the past 13-years. In 2007 at (1), the index created a topping pattern, prior to the financial crisis and its 80% decline over the next couple of years. The rally in banks over the past 7-years...
