THE HOUSING MARKET TOP IS IN, HOW COULD YOU GO WRONG?
DRV I'm not giving up and I think the market may make this pop? I have been playing this chart really due to the weekly.
The numbers are telling the story here. I believe in playing the trend with high success.
The Real estate market topped last fall and now the indicators the confirm it are recently confirming the housing market has been exhausted and will not continue to help grow the economy in the next few years. LONG DRV, the charts are looking sweet i.m.o Some Jan 19 calls should be good.
If VNQ reverses, DRV seems like good swing for next week or so. Let's see what Monday brings.
Real estate is starting 2018 on a bad note. An inverse ETF may be a safe bet. This downtrend throughout 2017 has just been broken.
rounded bottom breakout on tap here. volume coming in...