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The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.

N.B. to my readers: Although I stopped trading in July 2013, I still take a peek at the markets now and then and post the occasional article here on my Blog.

Happy Easter!

Happy Easter!
"Be yourself; everyone else is already taken." -- Oscar Wilde

Wednesday, 16 November 2011

MS is the weak bank in the Financials sector so far today...

MS is leading this morning's decline in the Financials sector so far this morning, as shown on the 1-day 1-minute percentage comparison chart below.


An important price level to watch is 15.00, as shown on the 4-hour chart below, as it flirts with near-term support around 15.50...roughly the  neckline of a downward-sloping H&S neckline.