iShares Trust US Regional Banks ETF and regional bank TFC reversed at their respective 50dmas. More regional bank mergers would likely be necessary to save some of the smaller regionals according to Treasury Secretary Janet Yellen. In consequence, the downtrends with the recent bear flag breakouts to the downside remains in effect.
Short-Sale Set Up - iShares Trust US Regional Banks ETF IAT and TFC
|24 May 2023 05:52 ET
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