You can win or lose
That's a chance you take
When the heat's on you
And the heat is on
Todd Harrison just Tweeted the following:
Using a horizon similar to what we just showed for the SPX, a case can be made that the banks are suggesting lower general prices as the BKX has already decisively broken its key support line (BKX 66ish) and is currently chewing thru its 200 day moving avg.Boy that $BKX chart makes me wanna sell rallies...and there's *some* room to do that.— Todd Harrison (@todd_harrison) January 22, 2016
Indeed, there's a lot of room between up here and down there.
position in SPX