{"id":101922,"date":"2017-02-09T08:05:05","date_gmt":"2017-02-09T13:05:05","guid":{"rendered":"http:\/\/countingpips.com\/?p=101922"},"modified":"2017-02-09T08:05:05","modified_gmt":"2017-02-09T13:05:05","slug":"finance_stocks-technical-analysis-financial-sector-is-not-in-priority-for-donald-trump","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/02\/finance_stocks-technical-analysis-financial-sector-is-not-in-priority-for-donald-trump\/","title":{"rendered":"Finance_Stocks: Technical Analysis &#8211; Financial sector is not in priority for Donald Trump"},"content":{"rendered":"<div id=\"inves-1084588482\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 9, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\">IFCMarkets<\/a><\/p>\n<p><strong>Financial sector is not in priority for Donald Trump<\/strong><\/p>\n<p>In this report we will study the PCI <a href=\"http:\/\/www.ifcmarkets.com\/en\/trading-conditions\/personal-instrument-pci\/finance-stocks\">\u201dstock index \u2013 finance\u201d<\/a>. It includes the stocks of major US financial companies and banks. The index may decline amid the economic policy of US president Donald Trump, that is to support mostly the industrial but not financial sector.<\/p>\n<p>It might be hard to support both industrial and financial sectors. Investors doubt the Fed is determined to hike the rates significantly this year. Low rates limit the income of financials. On the contrary, the industrials benefit from low rates as they mean lower credit burden. Previously, the S&amp;P 500 Financial index surged 38.5% in recent 12 month on expectations of the Fed rate hike. This is far above the growth of S&amp;P 500 by 22% within the same period. In theory, banking stocks may fall even more in case of the general correction of the US stock market.<\/p>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"http:\/\/www.ifcmarkets.com\/uploads\/images\/08-02-2017.png\" alt=\"&amp;Finance_Stocks\" width=\"660px\" \/><\/p>\n<p class=\"emailSummary\">On the daily chart <b>&amp;Finance_Stocks : D1<\/b> has surged to the 9-year high after the victory of Donald Trump in the US presidential elections. Now it has been trading for the 10th week in a narrow neutral range. The position may be opened when the personal composite instrument leaves the sideways range. Let\u2019s consider the option of sale as technical analysis gives more bearish signals.<\/p>\n<ul class=\"emailSummary\">\n<li>The <b>Parabolic indicator<\/b> gives bearish signals.<\/li>\n<li>The <a href=\"http:\/\/www.ifcmarkets.com\/en\/bolinger-bands\">Bollinger bands<\/a> have widened which means low volatility.<\/li>\n<li>The <a href=\"http:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/rsi\">RSI<\/a> is below 50. It has formed negative divergence.<\/li>\n<li>The <a href=\"http:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/macd\">MACD<\/a> is giving weak bearish signals.<\/li>\n<\/ul>\n<p>The bearish momentum may develop in case <b>&amp;Finance_Stocks<\/b> falls below the 7 last fractal lows, the lower boundary of the neutral range and the Bollinger band at 120. This level may serve the point of entry. The initial stop-loss may be placed above the 3 last fractal highs, the 9-year high, the Parabolic signal, the Bollinger band and the upper boundary of the sideways range. Having opened the pending order we shall move the stop to the next fractal high following the Parabolic and Bollinger signals. Thus, we are changing the probable profit\/loss ratio to the breakeven point. The most risk-averse traders may switch to the 4-hour chart after the trade and place there a stop-loss moving it in the direction of the trade. If the price meets the stop-loss level at 126 without reaching the order at 120, we recommend cancelling the position: the market sustains internal changes which were not taken into account.<\/p><div id=\"inves-1935436676\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<h2 class=\"emailSummary\" style=\"margin-top: 15px !important;\">Summary of technical analysis<\/h2>\n<table style=\"border: solid 1px black;\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Position<\/b><\/td>\n<td align=\"left\" valign=\"top\">Sell<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Sell stop<\/b><\/td>\n<td align=\"left\" valign=\"top\">below 120<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td align=\"left\" valign=\"top\">above 126<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\">IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Financial sector is not in priority for Donald Trump In this report we will study the PCI \u201dstock index \u2013 finance\u201d. It includes the stocks of major US financial companies and banks. The index may decline amid the economic policy of US president Donald Trump, that is to support mostly the industrial but [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-101922","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=101922"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101922\/revisions"}],"predecessor-version":[{"id":101926,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101922\/revisions\/101926"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=101922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=101922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=101922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}