Mr Buffett stepped forward last week and bought up a good piece of Bank of America stock. Speaking of bank stocks, the regional bank ETF chart below could be something he might like to own as well…check it out! 



This is anything but an ideal “Inverse Head & Shoulders” pattern, yet it sure could be sending a positive message!  If the pattern read is correct and KRE can break above the neckline zone, this ETF could pick up a quick 10% before it hits the next key resistance zone.

The broad market needs the banks to go along for a quality upside ride!  Watch the action of this regional bank ETF, because an upside breakout could send some strength to the broad market!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past