As a thirty-something-year-old investor, I’ve been contemplating my investment strategy. Diversification is a common recommendation, but is it truly my best approach? For me, dividends play a critical role, especially if they’re paid monthly.
My background as an XAU/USD trader has shaped my perspective on currencies. The realization that fiat money lacks...
In my opinion AMEX:VNQ will crash in couple of weeks. The scenario looks the same as 2008 crash or maybe even identical, MACD are same and patterns are the same!
Buyers better start showing up in VNQ. Otherwise, we may see a big drop below. We're at critical support levels and historical trends are showing that buyers are not in favor. Something is going to give in the macroeconomy and my suspicion is the upcoming major debt rollover in Office and Multifamily is going to wreak havoc here.
My thoughts? Watch out below.
Could happen, it’d be pretty crazy if it did. 2022 to now is a very clear 5 waves down, 3 up. At this point it could still pivot to the upside, but an over inflated market x rising interest rates.. I’m packin bear spray
DRV - 3x Short Real Estate ETF
Stop Loss: $40.50
Current Price: $47.72
First Take Profit: ~$80
Back then:
VNQ falls below 20 SMA in Jul 2007
Double attempt to rebound (red arrows) but failed
after struggling 15 months, a sell off begin in Oct 2008
Now:
VNQ falls below 20 SMA in Jun 2022
Double attempt to rebound (red arrows) but failed
RSI remained in low levels below 50 (more bearish than bullish)
Might not seen the worst yet, unless RSI reverse back above 50
Assuming my Elliot Wave skills are somewhat on par here... I grabbed a candlestick bar pattern from the previous 5 wave, inverted it and matched up the pivots (which also happen to be a very clear head and shoulders patterns. If history rhymes here I'm thinking some VNQ upside is in the cards? Also note the Market Cipher B. red money flow wave is nearing...
VNQ appears to make a head & Shoulders, sometimes a complex head & shoulders every 56 days or so. Some are more clear on nearby timeframes. Typically these have been leading to a nice trend reversal, with further continuation after the measured target has been reached. Food for thought.
Referencing VNQ to target a 3x short position as it provides a clearer picture of the sector than its leveraged counterpart (DRV).
As we cycle the 2022 interest rate increases this idea is supported fundamentally as well.
The Vanguard Real Estate ETF (VNQ) is an ETF that is based on the MSCI US IMI/Real Estate 25-50 index, a market-cap-weighted index of companies involved in the ownership and operation of real estate in the United States.
From its website, its objective is: to provide a high level of income and moderate long-term capital appreciation by tracking the performance...
This could be a substantial bottom in $VNQ here, worth monitoring at the very least. I have no position here, but tracking thee main ETFs and top 30 market cap stocks at all times, as well as my own watchlist for my long term account, and my screening tool output. Sentiment has been quite bad, and we had a rapid worsening of financial conditions for home buyers,...
Bidding $VNQ (or $XLRE, real estate ETFs) down to $30.10.
In information theory, the entropy of a random variable is the average level of "information", "surprise", or "uncertainty" inherent to the variable's possible outcomes.
Hello,
Waiting For (80 - 70) searching for price action or clear bullish pattern to Long targeting $90 then Short from 90$ area Targeting below $70
DYOR, NOT FINANCIAL ADVICE
