MicDrop5

Short Setup - XLRE Real Estate Select Sector SPDR Fund

Short
AMEX:XLRE   Real Estate Select Sector SPDR Fund (The)
Decent risk/reward at the red zone shown for a short on XLRE. Real estate market is slowing due to rising interest rates. Technically, we see a shift to downtrend with a retracement up for confirmation before likely continuation down.
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