$KRE: Will a dip through 42.5 occur?KRE has been showing some relative weakness recently especially off the 45 handle. Thee list of weak regional stocks. EWBC, PNFP, FHB, BPOP and more are looking weak so we'll see if this weakness continues. Best of luck traders..Shortby Fox_Technicals0
KRELike regional banks short here for a trade. Stop above the 50 sma. Looking for a breakdown below AVWAP from the high volume breakdown in March. This level is also volume POC for the consolidation since March so I'll look to exit quickly if it doesn't break down how I think it should. Looking for $39s.Shortby Essendy222
KRE a banking sector ETF for regional banks LONGWhile tracking regional banks KRE had a bad time in the spring with the small and regional bank failures/rescues and the federal actions to buttress the faith of citizens in them. There have been no runs on the banks. Larger banks may be taken some business from small banks saddled with securities with diminished value due to rising interest rates and the effect on the face value of those fixed-rate securities. No matter, things are better now. This is not to say the whole banking sector stress is resolved. Banks have enjoyed great returns on credit cards. The 15-minute chart here shows a good overall uptrend within ascending parallel support and resistance trendlines. Price is presently at the bottom of that parallel channel. The relative trend index signal shows bearish trending today providing confirmation of of a dip which is now available as an entry point. Relative Strength Indicator which compares with the SPY showing persistent strength Overall, I see this as a good entry point for a long-swing trade targeting the top of the channel which I estimate will be about 52 by the end of next week estimating the trade duration to be 5 trading days. My reasonable opinion is that next week's volatility will be far less than this past week and that DPST will do well. I will also take a look at the KRE and KBE ETFs. I like this as a long setup with a 15% potential for a very low risk in a stop loss set $.50 below the channel at 47.84 I have uploaded a similar idea on DPST.Longby AwesomeAvani115
$KRE Testing Double TopTechnical Analysis for AMEX:KRE Testing Double Top and 150 day moving average. Banks are nearing a resistance level. The KBW Bank Index (BKX) and the SPDR S&P Regional Banking ETF (KRE) have both been on a strong upward trend in recent weeks, but they are now approaching their respective 150-day moving averages. These moving averages are important technical indicators, and they often act as resistance levels. If the BKX and KRE break above their 150-day moving averages, they could continue to move higher. However, if they fail to break above these levels, they could pull back and consolidate. For those with quick profits, it may be a good idea to take the money and run. The risk of a pullback is increasing as the BKX and KRE approach their 150-day moving averages. The circumstance at present for each (the BKX and KRE) can be characterized as “a rally to a difficult level where overhead supply comes into play”. This means that there is a lot of selling pressure at these levels, and it could be difficult for the BKX and KRE to break through. If you are still bullish on banks, I would recommend waiting for a pullback before buying. This would give you a better entry point and reduce your risk.by AlgoTradeAlert112
Tesla & Netflix Slammed: Market UpdateDiscussing the latest price action in many of the mega cap names. #tsla #NFLX #DXY #QQQ #SPY 13:48by Trading-Capital113
SPDR $&P Regional Banking - IHS The chart has printed a decent inverted head and shoulders pattern. A successful breakout targets the down sloping 200dma around $50 then R55 for a measured move. An inverted head and shoulders pattern is a common chart pattern in technical analysis that signals an upcoming bullish trend after a period of a bearish trend or consolidation. The pattern is formed by three successive price bottoms, with the middle bottom being the lowest and the two other bottoms being higher on both sides. The pattern is completed when the price crosses above the neckline, which is formed by connecting the high points of the two shoulders. The inverse head and shoulders pattern is the opposite of the head and shoulders pattern and is used to predict reversals in downtrendLongby Trader-Dan1
Opening (IRA): KRE June/July/August 36/34/31 Short Put LadderComments: High IV at 39% and change, with weakness to boot. Laddering out here, rather than taking all the risk in one expiry and at one strike.Longby NaughtyPinesUpdated 3
Bearish Regional Banks -Downside LeaderMore evidence that U.S. stocks could soon begin a significant drop lower comes from the Regional Bank - ETF (KRE). KRE made a new bear market low on 05/04/23 and has recently rallied to just below a Fibonacci .236 retracement of its 2022 to 2023 bear move. Daily RSI and MACD have bear crosses. KRE has a very good chance of dropping back to the 05/04/23 bear market low at 34.52. If that low does not hold it could decline back to its March 2020 bottom at 27.26. Stock bulls beware, the S&P 500 post October 2022 rally could soon be coming to an end! Shortby markrivest226
Building a shoulderLooks like the right side shoulder is building on this possible inverse head and shoulder. Accumulate at the neck line.by DJelly212
KRE - Regional Banking Crisis or Opportunity? KRE Regional Banking ETF We are currently at oversold levels that offered good historic returns even if we only rise 15% to TASE:TASECTORBALANCE (Dec 2018 low) before moving lower. Given the evolving Banking Crisis we could we revisit the bottom of the long term channel by EOY. This would be a great opportunity. Throwback to TASE:TASECTORBALANCE dollars current idea... stay frosty on this one traders. Current wick low is your stop. Safe Trading PUKA Longby PukaChartsUpdated 884
KRE Regional Banking Sector ETF ( Buy the Dip)Buy the panic in the banking sector then sit wait watch and profit. See also by KBE ideaLongby AwesomeAvaniUpdated 16166
KRE: Adios AmigosNot the time to be long. Head & shoulders pattern with open gaps to fill below. No remaining support. Shortby TomDaSpankEngineUpdated 558
If KRE retraces 50% of it's moveDPST goes to 9~. Not bad. Coincides with some resistance. DivYield is 7% anyways 50% retracement is pretty standard.Longby JamesMBee0
KRE Is a reversal underway?KRE the regional bank ETF is down about 50 % YTD, with a couple of bank failures leading the way. The question that arises is whether there is more downside. Faith and trust in the the banking system is at risk. The big banks came in their rescue on First Republic. A run on the little banks can hurt the big banks even Goldman Sacks. Holding treasuries with fixed rates lower than current rate sucks for sure. The fed will clean up this mess and will do it right and has started that process. KRE chart with the fisher transform indicator and the zero-lag MACD tells me that KRE is now " reverting to the mean" & dropped below the Fibonacci bands of the basis EMA. Line crossovers on the indicators are confirmatory. I will seize the situation and add to my long position. Due you agree that this is picking low laying fruit? Longby AwesomeAvaniUpdated 111
Regional Banks on the Brink!Zoom in and you will see that Regional Banks have closed several times now below this critical trend line. If the Fed fails to save them, deflationary recession/depression it is. I am banking on a Fed save. The Fed always protects it's own. Therefore, blow-off top incoming. Followed by hyper-inflationary recession/depression next year. Should be a show. StewLongby stewdamus112
KRE - Patience RequiredKRE has provided some of the most technically-sound short opportunities in recent memory, but it is approaching major support at which point the probabilities flip to the long-side (with disciplined risk management). Expect some choppy price action, but remain patient for one last leg down and a very promising long opportunityLongby timbousc12
Regional Banks KRE Getting To Grips Its Not 2008Let's make a sincere attempt to understand and address the "banking crisis". For those who have lost money, it's a true crisis. However, for those who have not yet lost money, it represents a necessary purification of the regional banking system. Looking at the charts, it was evident well before the crisis occurred that a clear head and shoulders pattern had formed at the top. From a longer-term perspective, the situation remains bullish despite the 45% drop. While a further 20% decline may be possible, this could present a great opportunity to buy with excellent risk/reward. From an economic standpoint, the current situation is not comparable to the banking crisis of 2008. However, the rise of zombie companies, which prioritize debt repayment over investment and maximizing profits, could become a concern. Junk bonds are signaling a potential zombie apocalypse, which we will discuss in a future post or video. It's important to note that tech companies like $AMZN and $GOOG laying off employees should not be seen as negative since they are not zombie companies. I advise my subscribers to view Real Macro and BKC like CHAT GPT. Ask questions and let the data speak for itself, rather than letting emotions and hunches influence your decisions. Successful trading/investing requires extracting information from the data rather than imposing feelings and guesses onto it. No one can predict the future, despite what so-called "experts" may claim. I urge everyone to learn how to be their own analyst in order to find great risk-reward setups & manage the trade accordingly. Finally, I have no respect for self-proclaimed "experts". Like many newcomers, I too once listened to them and suffered significant losses. I don't want that to happen to you. Be cautious out there since it's a zoo. Over and out! by RealMacroUpdated 1115
SPX and KRE - ABC's and 123sQuick take on the SPX moves this week and the regional bank index - KRE Have a great weekend!Short09:44by the_sunship339
Regional Banks are telling us everything about this market!Traders, Though, I've expressed this all along this past year, regional banks are now confirming everything I've stated regarding JPOW and the FED only having two choices about the future of the U.S. economy: deflationary recession/depression OR hyper-inflationary recession/depression. The line in the sand has been drawn and crossed. Should the FED attempt to rescue the economy by pausing rates or even pivoting, we'll likely see hyper-inflationary recession at the very least. On the other hand, should the FED continue to focus on tackling inflation, then recession it is. Watch this chart closely along with our DXY chart. They are currently leading EVERYTHING (stocks, crypto, commodities, real estate, everything). StewShortby stewdamus4
Bank RunHello friends. The 'Banking Crisis' is over. It's really been over since around the end of March, but now it's completely and utterly over as of this week because global search trends for 'Bank Run' have reverted all the way back into the normal range. Panic is gone. Since panic is gone, bank runs are gone. Bank runs only work when people are panicked, and people are objectively not panicked. At least, not depositors. Investors are still a bit spooked, as evidenced by the move in the regional banking sector ETF from 65 to 40 in relatively short order. They don't seem to realize that the banks are fine. Our trading idea would be to long KRE at the bottom (not quite reached, we think it bottoms a bit lower), and ride it up back to at least $50. We think these types of crises also create very special investing opportunities due to the nature of fear, so we bought up shares in NEWT since we think it was beaten down by indiscriminate selling due to having a bank license even though it actually isn't even a bank on paper, and has a really low risk of a bank run due to the fact that the vast majority of depositors have below 250k in their bank segment. That play is more complicated, which may be why the market is mispricing it so egregiously. We think this is a massive opportunity to buy the stock and hold it for the next year or two. For a shorter-term play though, we would do something like buy month-to-expiration calls on KRE once it ticks down a little more. Either one can work well.Longby bowtrixUpdated 113
🔥 Failling Banks BULLISH For Bitcoin & Gold: But Why?Over the last two months there's been several that have gone insolvent and got eventually bailed out by the FED, or have been taken over by larger banks. Initially, this looming crisis caused a lot of stress in the markets during the first two weeks of March. However, once Silicon Valley Bank got shut down & bailed out we saw a huge bullish move in both Bitcoin (helped by a short-squeeze) and Gold, whilst the Regional Banks ETF continued to make new lows. Yesterday, there was a another big bank that has gone insolvent and has been taken over by JPMorgan. Stocks fell significantly and the Regional Banks ETF made new lows because of sell-offs in other banks. This sparked another bullish move in both Bitcoin and Gold because investors are fleeing to safety. Physicals commodities like Bitcoin and Gold don't need a bank. You can buy them and store them either on your own PC or in your house. Furthermore, big banks like JPMorgan and the like saw their balances swell because they are deemed to big to fail, unlike smaller regional banks. With the FED most likely increasing the interest rates further, there's a decent probability for more (regional) banks to fail. This will most likely be bullish for Bitcoin, since more money will flock to the relative safety that Bitcoin offers. If the banking crisis will get very severe with, for example, big banks failing, it can spark a massive move of BTC towards >50k. The technicals don't support a move like this, but a macro-related event like big banks failing could trigger a massive influx of buyers. Future will tell. All we can see now is that regional banks in distress is triggering a flight to 'safe' commodities like BTC and Gold.Longby FieryTrading8821
Regional Banks Leading Market to Hell?Regional Banks have always led our economy during booms and during busts. You will note from this simple chart that one key trend line has measured our current secular bull market. Regional banks have remained above this trend line since it was first touched in 2009. Excluding March 2020 (Covid19), which is not valid data, regional banks have never dipped below with confirmation. My best guess is that if they do, it will spell the beginning of the end for the U.S. macroeconomy in its current secular bull run. Watch closely as regional banks are really flushing the toilets today. If not careful, they may also need a savior. Enter JPOW and the Fed for a surprised pause/pivot ...if so. PacWest, NASDAQ:PACW : -36% Western Alliance, NYSE:WAL : -31% Metropolitan Bank, NYSE:MCB : -27% HomeStreet, NASDAQ:HMST : -23% Zions Bank, NASDAQ:ZION : -15% KeyCorp, NYSE:KEY : -9% HarborOne, NASDAQ:HONE : -10% Citizens Financial, NYSE:CFG : -12% Remember, of our four largest bank failures to date: Washington Mutual (-386 billion), First Republic (-$233 billion), SVB (-209 billion), and Signature Bank (-118 billion) ...three of these have occurred in the last 2 months ...and we ain't done yet, folks. The true shitcoins are large centralized corporate banks. We must be ready to transition to an alternative currency solution. Enter Bitcoin/crypto. Be ready. Best, StewShortby stewdamus3
Regional Banking Monthly Log ChartRegional Banking ETF has priced in ALOT of those possible news events over 1 year ago. 2022 loss of upwards momentum stay clear until wake up line is crossedShortby Badcharts3