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Updated 11/20/2009  
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SPBANKS
S & P Banks Index
Weekly Commentary

Our system posted WAIT . The previous SELL recommendation that was confirmed was made on 10.02.2009 (49) days ago, when the index value was 128.1 . Since then SPBANKS has gained 0.25% .

Our WAIT tag says all that is to say. Stay at cash or check the other stocks while waiting the next signal. Though the prices are up since our previous SELL signal, it is yet too early for any definite long or short action in this index.

Data provided by:  End of Day Data

 
WAIT
128.40
+1.6800 +1.33%
Candlestick Analysis
This Week's Patterns: White Spinning Top
Candlestick Pattern


This week a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.


 
 
Index Value
Week's Close 128.40
Previous Weekly Close 126.72
Previous Weekly Open 125.42
Change +1.6800
% Change +1.33%
Volume -
 
Index Activity
Week's Open 126.72
Week's High 132.09
Week's Low 126.72
20-Week Close M.A. 123.58
50-Week Close M.A. 108.61
20-Week Volume M.A. -
 

Two-Year Signal History
Week of          Price   Signal $100
Became
10.02.09 128.08    Sell 270
09.18.09 124.43    Buy 263
08.28.09 128.00    Sell 263
07.31.09 106.48    Buy 218
05.01.09 103.11    Sell 218
03.13.09 49.570    Buy 105
02.20.09 73.980    Sell 105
02.06.09 86.980    Buy 123
12.26.08 135.27    Sell 123
12.05.08 143.31    Buy 131
11.14.08 151.66    Sell 131
10.31.08 151.47    Buy 131
10.03.08 198.51    Sell 131
09.05.08 184.80    Buy 122
08.15.08 190.90    Sell 122
07.25.08 173.72    Buy 111
05.09.08 256.33    Sell 111
03.20.08 231.10    Buy 100
03.07.08 248.28    Sell 100
02.01.08 267.60    Buy 108
12.14.07 298.72    Sell 108
11.30.07 280.78    Buy 101
10.19.07 364.09    Sell 101
09.21.07 360.20    Buy 100
08.31.07 375.28    Sell 100



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