SPY, IYR, KRE - EOD

spy 60 / eod
i was away from the action today, but i see that spy 60 got those 2hrs of rising smi. so imo, this would be the first buy signal. idea being that a test of the gap is now in play. risk is that since the reflation trade and tech were absent, that this was really only about a squeeze on the overcrowded cre trade (below)



iyr 60 / eod



simply shorting a basket of the reits is/was the no-brainer






kre 60 / eod


regional banking is thought to have heavy commercial real estate default exposure







btw, the price bars on my intraday charts are colored by the ttm trend indicator







2:28am
tick over spy / 5m - eod


neg-d last 15m. also futures down a bit atm, so probably a little give back early tues