View: Weekly IYR linear.png

Weekly IYR linear.png

IYR Weekly linear chart: Is real estate about to fall? I think it is very likely. The daily chart gives me a sell as well. Would seem like a fairly low risk entry with the stop at previous high.  
This is another chart that shows the how in the past few years the deep V drop and recovery pattern have accurately given a price projection.

Comments

DinkDink
Fantastic chart. I personally disagree and am bullish on real estate, but this definitely gives me pause in that bullish prediction. 4/26/16
TombTomb
thanks Dink 4/26/16
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