As previously shared my bullish view on PSUBanks in August last year, they did a dream rally from there on and now after a correction from hitting the supply zones they are back in good demand zone.
The index is currently making falling wedge on weekly tf, with a large picture showing a cup & handle where handle is potentially the falling wedge formation, Also a good weekly bullish engulfing candle on previous resistance, which has now turned into a good support.
So, PSUBanks ETF along with some good PSU Bank stocks may be interesting to watch out in coming weeks