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KRE / XLF / QQQ / SPY Triple Top Resistance into Wednesday FOMC

SPDR S&P Regional Banking ETF (AMEX:KRE)  
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AMEX:KRE   SPDR S&P Regional Banking ETF
Trend Analysis Chart Patterns Technical Indicators KRE XLF QQQ SPDR S&P 500 ETF (SPY) FOMC rates TQQQ SQQQ nasdaq
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trendanalysis chartpattern indicator kre xlf qqq spy fomc rates tqqq sqqq nasdaq
- KRE and XLF still in a bear flag territory, Both are closing in on their tightening range and will break very soon either tomorrow or Wednesday. we will get a lot of volume and volatility once this breaks.

- QQQ & SPY have a Triple top resistance, if XLF break bull SPY will very likely break that resistance, so will watching all 4 closely.

- FOMC Wednesday 0.25BPS is still around 70% chance, what bulls want to see is Powell saying we are pausing after this hike, Bears want to see more 0.25BPS hikes.

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