KRSCBOE

The DBA Rise Helped Me Decide to Short KRE

Short
AMEX:KRE   SPDR S&P Regional Banking ETF
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
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