Here is the S&P fund, symbol KBE, representing the bank sector. It is extraordinarily overbought.
SPDR® S&P Bank ETF
Specifically, there is a powerful trendline dating to the March 2009 bottom, which is persistently repelled this instrument.
SPDR® S&P Bank ETF Trendline
Read more at : https://www.investing.com/analysis/banks-ready-to-reverse-200492572