Financials First Crossover

By Tim Knight

As brutal as this day has been, the big picture still hasn’t changed: lower lows, lower highs, and a general downtrend (although, God almighty, I am really sick and tired of all these “fight backs” the bulls are pulling off). For a little perspective on this, here is the triple-bullish on financials fund, symbol FAS, on which I own January 2019 puts. As you can see, we finally got our first bearish crossover on the two faster moving averages for the first time in God knows how long……..

slopechart_FAS

Support 100% ad-free Biiwii.com by making a donation of your choice!

Published by

Gary

NFTRH.com & Biiwii.com