goodguy
Short

Real Estate (IYR) Rolling Over?

AMEX:IYR   ISHARES U.S. REAL ESTATE ETF
8 2 1
The first part of this week I think will have a overall positive atmosphere for stocks so we could have a some bounche up but longer term I think there is a good chance we are entering into a bear phase for real estate.
After looking at this more I think a better way of lableing this follows. With the correction "2" an irregular flat as I describe in the IWM recent post. The second most common fib relationship in irrregular flats is for "b" to exceed "1" by 1.38 which we have here.
snapshot
Reply
Correction: on the weekly chart is should be: "3=2.618 X 1"
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out