KRE regional banks are funnelling into a sideways symmetrical triangle. Price now testing the upper rail at 26.7. The MA's are sliding out sideways as well, along with price, so a sideways move within the range of 24-27 would be expected moving into the summer time. At that juncture, price should commit one way or the other. Note how volume keeps leaking lower during the last year and one-half showing that traders interest in owning regional banks continues to fall away. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.
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