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GTStockmaster
Feb 20, 2019 4:32 PM

REIT's & Real Estate Breaking Dec 24th Uptrend Short

Vanguard Real Estate ETFArca

Description

REIT's are looking like the first sector to definitively break the big uptrend since December 24th.
Big move here breaking out of 2 month wedge to the downside.

All momentum indicators are also pointing downward (macd, stochastic) and we've had demark exhaustion signals as well. Easy short entry here.

Comment

Longer term chart visible here:

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