stewdamus

Regional Banks on the Brink!

Long
AMEX:KRE   SPDR S&P Regional Banking ETF
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.
Stew

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