goldman sachs technical analysis of the daily goldman sach chart.
Taking a look at the goldman chart below it is obvious that we have broken significant support at around the 145 level. It seems that goldman sachs has also broken a descending triangle pattern also, and that could spell trouble in the short term.
We have to remember the main reason this is significant. The weeks leading up to the high in FEB 2013 goldman sachs seemed to have led the rally. Now the market is stalling and goldman sachs seems to be starting to sell off. That could be the warning sign right there.
We will continue to monitor this chart in the coming weeks.
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| goldman sachs technical analysis |
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