BATS:IYR   iShares U.S. Real Estate ETF
Notes on chart. Weekly presents shooting star , nearing trendline, 2nd attempt at 1.216 ext


will the inflation benefit IYR in the long run, even the chart says negative divergence in short term?
KLang knock
Commercial real estate has always been considered a hedge against rising inflation for investors. But that's a blanket statement. Can this market allow for rent increases (if WalMart's insider email is any indication, maybe not) also needs to be considered. I don't know the ins and outs of this particular area. But I'm watching the chart for a possible double top or break of trend. If it moves above the previous high with volume and you day trade, no reason not o go along with it. I don't see a measured move or pattern here though