Real estate (XLRE) has broken its up trendline. I went short via DRV (3x daily bear) in my 401k. I will buy puts against XLRE in my margin account. I need to review which etfs are the most liquid.
Trade active:
I bought 10 IYR (higher volume than XLRE) December 15, 2017 $77 puts in my margin account just now.
The US stock market is very + today. It is not wise to fight the broader market trend but SPXUSD has a lot of upward resistance at $2445.
The US stock market is very + today. It is not wise to fight the broader market trend but SPXUSD has a lot of upward resistance at $2445.
Trade closed manually:
The sector broke back up through the trend line.