goodguy
Short

Update on US real estate: IYR

AMEX:IYR   ISHARES U.S. REAL ESTATE ETF
28 3 5
IFFF I am seeing this right a break down here could lead to an extend major drop. Consider shorting if there is a close below 77.78 with a stop on a close >79.75 (Friday's high).
snapshot

my chart tells me to buy ?
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goodguy PRO jangseohee
Jang Thanks for the feedback. It certainly has been going up for a while. There was another really smart trader who told me the same thing. Personally the form of the rise since 2008 looks corrective to me (a-b-c). and the most recent uptrend line has been broken. We will know soon I think if you or I are seeing it correctly. Have a great week.
Update on US real estate: IYR
+1 Reply
Oops it put in the wrong chart. Will try again.
snapshot
+1 Reply
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