XLRE is trying to breakout of a small basing formation.
With rates surging recently one has to question a potential failure of this breakout, however if it does breakout there may be some significant momentum to the upside. Could this breakout coincide with a sudden drop in rates?
With rates surging recently one has to question a potential failure of this breakout, however if it does breakout there may be some significant momentum to the upside. Could this breakout coincide with a sudden drop in rates?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.