Sign up for a free 15-dBelow is a newly created daily sector chart for the big investment & trading banks accompanied by a chart of the cash S&P 500 for comparison and relative strength purposes.

The SPX currently is on a bullish signal. Only a decline that breaks 1277.50 will neutralize the signal.

Goldman Sachs (GS) currently is on a near-term neutral signal, but will shift to bullish on an upside hurdle of 106.10.

Morgan Stanley (MS) currently is on a near-term neutral signal, but will shift to bulish on an upside hurdle of 17.50.

Bank of America (BAC) is on a near-term bullish signal and will remain so unless it breaks below 6.00.

In the coming weeks, MPTrader will be offering a nightly service with charts like this covering all the major sectors and their key component names.

By Mike Paulenoff

Mike Paulenoff is author of MPTrader.com (www.mptrader.com), a real-time diary of his technical analysis and trading alerts on ETFs covering metals, energy, equity indices, currencies, Treasuries, and specific industries and international regions.

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