Monday, January 30, 2012
After 3 consecutive Down Days for Financial Sector
After felling to pass through the high since July 2011. It has fell 3 consecutive days for financial sector stocks. Today, it continues to fall further. The Fast Stochastic Oscillator (FSTO) is falling close to 0. It seems we have reached a mini over-sold position. A light rebound might occurs in the near future for short term sellers.