KRE 0.00%↑ is bumping against the noted downtrend line from last November. A break through there might pave the way for a move towards $65, before overhead supply becomes a bigger factor. Many of the regional banks will be reporting earnings in the next month, so this could be an anticipatory move into that.
Still, financials more broadly are on the cusp of approaching prior all-time highs as well. This would be incredibly instructive for the bull market thesis.
