The Traderszone Network

Published in TZ Latest News 16 August, 2014 by The TZ Newswire Staff

The Banks (KBE) and (KRE)- Riverside Trade or Cliffside Trade?

The SPDR Regional Bank Tracking ETF (KRE)  is at a significant tradable decision point. So is the SPDR Bank ETF (KBE). While banks are not associated with the growth part of the market, they usually smell trouble before most of the other industry groups. On a chart, we consider the last bar of information the most important because its tradable. The rest is just history! Good history but it is the shoulda-woulda-coulda part of the chart. Digging in on the two SPDR Bank ETF’s is timely this week because its a potential trade.

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