The weird thing in all this is - the NASDAQ (QQQ), the growth part of the U.S. stock market, is travelling very nicely to the upside.
While the QQQs stay within the 1/1 and 2/1 lines on the Gann Fan, this remains in an up-trend.
MACD Histogram is positive. Chaikin Oscillator (middle panel) is bullish.
If the banks are such a problem, why isn't the Nasdaq tanking as well?
This is non-confirmation. Could be a good sign.
Indices 13/03, page-550
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