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RizeSenpai

Weekly Bearish Engulfing On The Real Estate Sector

Short
Vanguard Real Estate ETF (AMEX:VNQ)  
RizeSenpai  
AMEX:VNQ   Vanguard Real Estate ETF
Trend Analysis Chart Patterns Technical Indicators realestate etfs Bearish Engulfing Fibonacci Extension
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trendanalysis chartpattern indicator realestate etfs bearishengulfing fibonacciextension
This Real estate ETF looks like it's ready to rollover on the weekly timeframe due to it bearishly engulfing, being at a 1.272 fib extension, and the RSI trendline being broken after reaching overbought.

I will either be looking to buy puts in VNQ tomorrow or i will be looking to purchase shares of the 3x Ultra Short Real Estate ETF $DRV
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Real Estate Sector; A Very Bearish Fractal
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