KRE accelerating lower now. Which

    Posted by DigiNomad on 10th of Apr 2024 at 01:07 pm

    KRE accelerating lower now. Which usually means it's about to tear off the bears faces...but someday that might change. 

    KRE - bear face ripping

    Posted by DigiNomad on 10th of Apr 2024 at 01:26 pm

    KRE - bear face ripping commenced on command. Not bad. Haha.  Not a face ripper yet, but there's still 90 minutes to go and Janet and JP are unaccounted for.  

    Looks weak ...But the 200

    Posted by mla127 on 10th of Apr 2024 at 01:12 pm

    Looks weak ...But the 200 is right bellow ... so might bounce there .... 

    HYG - similar look to

    Posted by DigiNomad on 10th of Apr 2024 at 01:20 pm

    HYG - similar look to KRE, similar drivers. 

    Yup I track HYG as

    Posted by patellee on 10th of Apr 2024 at 01:22 pm

    Yup I track HYG as a leading indicator and divergences there relative to SPY are usually a good tell.

    HYG measured move on break

    Posted by DigiNomad on 10th of Apr 2024 at 01:24 pm

    HYG measured move on break looks to be around 75.20. Would have to get through a level to get there, but seems like a reasonable target down to a major demand zone. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!