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UnknownUnicorn1043646

Technical Tuesday - Canadian REITs

Short
ISHARES S&P/TSX CAPPED REIT IND ETF UNIT (TSX:XRE)  
UnknownUnicorn1043646  
TSX:XRE   ISHARES S&P/TSX CAPPED REIT IND ETF UNIT
Technical Indicators Chart Patterns Wave Analysis reit reits housing XRE XLRE S&P/TSX Composite macro elliotwaveprojection futures
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indicator chartpattern waveanalysis reit reits housing xre xlre tsx macro elliotwaveprojection futures
Technical Tuesday:
Technical reasons to be short Canadian REITs (XRE):
Mid Term (Trend):
- Median Line with 80% chance to return to median line, once re-enters channel (Andrews)
- Rising Wedge
Short Term (Trade):
- Exhaustion Gap (x2)
- Double Top
- Dark Cloud Cover

Speculated movement within John Hill-Gann.
Elliot Wave Projection forecasted.

GLHF
- DPT
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