KRE is starting to scream Danger! Wave 3 up ending. Multiple head and shoulders (one massive) the current uptrending is now starting to CRACK! signaling that the right shoulder will now start to form.
I see no benefit for bulls to hold on as risk is now very high. Furthermore, this is a bad sign for the overall economy and markets as regional banks are US domestic. Bad JUJU!
Don't be a dick for tick! ))
I see no benefit for bulls to hold on as risk is now very high. Furthermore, this is a bad sign for the overall economy and markets as regional banks are US domestic. Bad JUJU!
Don't be a dick for tick! ))
Trade active
KABOOM! As expected. No reason why this doesn't head lower.
Real Macro Economic Investing
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Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.