SPDR S&P Bank ETFCorto
KBE: S&P500 / BANK RUNS / RSI / MACD / DIVERGENCE / BANK CRISIS
DESCRIPTION: The chart above shows a relationship between KBE & SPX which is important for the current ongoing banking issues. KBE is a BANK ETF that reflects the overall performance of the banking sector in the United States. At the moment there is a major discrepancy between KBE & SPX value. Normally there is a consistent relationship between the banking sector performance and SPX value but one will have to give in eventually.
POINTS:
1. Deviation is 6.25 Point difference & represent crucial points of control for price action.
2. Vertical Orange Lines represent peak price action for S&P 500 & KBE before correction.
3. AVERAGE CORRECTION OF 12% ON KBE DURING BEAR MARKET.
RSI: Overextended from RSI AVERAGE banking sector can see some pullback in the coming days.
MACD: Currently in EXTREMELY OVERSOLD TERRITORY on MACD
FULL CHART LINK: tradingview.com/chart/UUCv2fGk/
KBE
SPX
POINTS:
1. Deviation is 6.25 Point difference & represent crucial points of control for price action.
2. Vertical Orange Lines represent peak price action for S&P 500 & KBE before correction.
3. AVERAGE CORRECTION OF 12% ON KBE DURING BEAR MARKET.
RSI: Overextended from RSI AVERAGE banking sector can see some pullback in the coming days.
MACD: Currently in EXTREMELY OVERSOLD TERRITORY on MACD
FULL CHART LINK: tradingview.com/chart/UUCv2fGk/
KBESPX
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.