Afternoon Update – Regional Banks Break; Small Caps Troubling

Earlier Regional Banks (-3.7%) were still holding in their bearish descending triangle  consolidation, but they’ve broken and it looks definitive. (60m) Small Caps are feeling it as their suspected failed breakout is creeping more and more toward  a failed move… IWM -currently trading below the 50 and 100-day. There may be a level of price…