TradingView
Breakout_Charts
Feb 23, 2021 11:45 PM

XLRE, under the radar breakout in play Long

XLRE/SPYArca

Description

If anyone has been watching the SPDR sectors lately, XLRE has quietly outperformed. Strength in REITS usually signifies a strengthening economy. Maybe this is an under the radar reopening play? Options premiums are dirt cheap and might be worth a look. Anyway, the charts speak for themselves.
Comments
Breakout_Charts
XLRE violated resistance. False breakout.
More