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SPDR S&P Regional Banking ETF
Short

The DBA Rise Helped Me Decide to Short KRE

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The spike in commodity prices heled tattoo the bond market. The bond market hates inflation. When bonds dive it usually hits the interest rate sensitive regional bank index. The bear flag that developed in the KRE on an hourly chart last night made me more confident to stay short overnight. I am now looking to cover KRE under the 48 level.
chrisbrecher
ChrisBrecher
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
chrisbrecher
ChrisBrecher
Also on:

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.