Tag Archives: SPDR S&P Bank ETF

Trading Strategy – SPDR S&P Bank ETF

 

Since peaking in early March, the SPDR S&P Bank ETF (KBE) has slowly been carving out a large triangle pattern as traders wondered whether more gain is warranted given the massive post-election rally.  According to our “U.S. Market Trading Map”, there could be more pains ahead for the ETF.  Below is an update look at a trade in KBE.

BankETF_20170516

Chart 1.2 – SPDR S&P Bank ETF (daily)

Our “U.S. Market Trading Map” painted KBE bars in red (strong sell) since last week.  Over the next few days, trader should monitor…Click here to read more.

You see, our trend-following system is very unique as it attempts to pick turns before others see them. Timing is everything and if you’ve applied our system correctly, you should have made a killing in any markets.

 

This is just an example of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?

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