Goldman Sachs – Monthly Analysis – Big Trouble Ahead?
Would it not be entertaining if the Wall Street behemoth loses 70% if its value and drops to the double-digit range? Technical stats would support such move. When the quarterly MACD made a bearish cross in 2008, $GS lost 72% in the following 3 quarters. The quarterly MACD is now just a few pips apart from repeating history. Will Goldman Sachs follow?
This monthly report discusses recently registered technical events and candle formations on multiple frames. We also look into statistics and evaluate the mid and long term targets and probabilities.
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