Posted by McFly1985 on 30th of Nov 2018 at 11:02 am
IYR (US real estate) has been struggling to get above its 76.4%
retracement of the last decline. I've been nibbling on some shorts
here each time we get a shooting star-like candle. It's stronger
than most indices, but if we're not going to make a new high (which
we very well might), then it does make sense that we could turn
down from this level. If not, I can always have a stop above the
August highs.
http://schrts.co/iEih1A
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IYR (US real estate) has
Posted by McFly1985 on 30th of Nov 2018 at 11:02 am
IYR (US real estate) has been struggling to get above its 76.4% retracement of the last decline. I've been nibbling on some shorts here each time we get a shooting star-like candle. It's stronger than most indices, but if we're not going to make a new high (which we very well might), then it does make sense that we could turn down from this level. If not, I can always have a stop above the August highs. http://schrts.co/iEih1A