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Ido_Havazelet

$XLRE (Real Estate Sector) About to Rally Up

Long
Real Estate Select Sector SPDR Fund (The) (AMEX:XLRE)  
Ido_Havazelet  
AMEX:XLRE   Real Estate Select Sector SPDR Fund (The)
Trend Lines realestate LONG profit
4
0
trendline realestate long profit
Weekly Chart :

snapshot
The Macro Picture looks positive due to the Trading above the MUT (Major Up Trendline).

Daily Chart :

snapshot

The Intermediate Trend (The Grey Trendline) Contains 2 Minor Downtrends, and the last one is getting squized between the lines.

Looking for Penetration of the Current Minor Down Trendline and Continuation Towards $ 42.



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