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quantguy
Oct 20, 2015 1:30 PM

URE Long (on retracement) Long

ProShares Ultra Real EstateArca

Description

Very strong buying pressure (via the OBV). Fundamentals for Real Estate are strong for the first time since the bubble. Note that the MACD/RSI suggest that its becoming overbought, so it may be of benefit to wait for a brief retracement before entering a long position.
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