Now that the Dow has plunged by 2,000 pips in a matter of eight trading days and has met a major trendline (as has the Nasdaq), it has entered a very tricky phase (for short term traders, that is). There is little doubt that the
Tag: HSBC
The traditional UK banks’ charts (Lloyds, Barclays, HSBC) have been diverging for a while. Lloyds and Barclays have been in major downtrends while HSBC remains in a solid uptrend. Members of my Pro Shares Club are short the first two and I am now looking