SPDR S&P Regional Banking (KRE)

[Wishthiswasmyjob]

Chart getting very bearish here...
Now 4 months of overhead resistance,
It keeps getting rejected by the 20, solid sell volume in June.
A break of support, which is near, should trigger a solid downward move.

KRE

This is one of the worst looking indexes out there presently and IMHO,
There's apprehension of business expansion and anticipated loan defaults.