💾 PNC Financial Services Group Looks Very Bad | Crash Ahead

2023년 3월 12일

It is a repeat, the same over and over... Some banks are doing better than others which is expected yet PNC isn't part of the better group, this one looks pretty bad.

The previous bank had no volume on the drop, here we have high volume... Let me show you!

PNC Weekly:

✔️ PNC broke below EMA300 this week.
✔️ Bear volume has been increasing since Oct. 2021 and it keeps on going higher.
✔️ The MACD looks really bad and the RSI as well.

The crash is already pretty advanced but it can go much lower.

✔️ The monthly chart reveals the true story... It seems we are looking at the worst crash in 15 years.

The bear market should go fast in comparison with the bull market.

Ever since the Federal Reserved was established bear markets became short in duration and bull markets long, because troubled institutions could easily access credit once the central bank was established.

Before the Federal Reserve it was the opposite, bear markets were really long and bull markets short.

Everything has its positive and negative aspects.

I am getting tired of these... Not sure if I will make it to write the TOP10.

Namaste.