Next Week, Watch This Level On $GS For Bigger Brea *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Goldman Sachs and the other financial stocks saw weakness on Friday, even though the markets rallied higher. This is a change in character that investors should note. Could things be changing? Is the rally ready for a correction? To decipher this, simply follow Goldman Sachs (GS) next week. Goldman Sachs has major support at $245. Should that level break, it will collapse to $228, taking the whole market down. Goldman Sachs has become a staple for the entire market rally. Should Goldman fall, the whole market will fall. Note the stock chart below.

Stock chart analysis for investors on Goldman Sachs

Forum Policy

Return to Index