BNKS ETF BEARISH topping pattern

Overall technical elements look toppy on US BNKS.
A head and shoulder pattern has emerged and RSI remains sluggish below 50%.

However, we are seeing a mid-term wedge/range develop - with some minor RSI divergences emerging. Short-term bounce risk.

Suggest to sell any rebounds into the zones closer to highlighted resistances in purple.

MACRO => Given the flattening in the US yield curve - it makes fundamental sense for US banks to struggle as their margins will get squeezed.