You may be correct.
With KRY specifically, it appears that with the last couple-few of days of trading, the long term techs have turned bear. Especially the OBV turning very bearish. The only thing left is for sp to cross below the moving avg and it will be all bear long term. KRY sp looks to be having to go through some additional pain.
Going by the techs, actually kinda surprised the sp has hung in today. Seems traders are waiting for the same news everyone else is before pulling the trigger.