RogueEconomics

Vanguard Real Estate ETF - Bearish outline

Short
AMEX:VNQ   Vanguard Real Estate ETF
$vnq is showing:

  • trend break
  • backtest of the dead trend
  • a diamond pattern
  • a triple peak/head-and-shoulders pattern
  • and what seems to be a full set of waves before a correction.

There's lots of signals here.

Plus, this comes just as the FED is about to attempt normalising policy and of course, we have the Black Swan event of the Ukraine conflict.

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