US Banks index is higher than in March of last year, right...

US Banks index is higher than in March of last year, right before that last upset and collapse. We are all aware of the increases in defaults and delinquent loans. Was last night the signal to the markets something is just around the corner? Pushing the banks to the upper limits to sell out and then let the markets get the memo?



EDIT: Its also at an area of prior resistance, support