Real Estate starting to feel the pain in China as Evergrande implodes - How much longer before the contagion spreads? Weeks? Months? Clock is ticking.
DRV x3 Real Estate short ETF has a couple nice Gaps to fill at ~$12 and ~$20.
Stoch and RSI appear to be confirming a potential bottom/turn back up here on the weekly. AO also predicting a move up sooner than later.
Last few times the RSI got this low on the weekly - DRV spiked hard soon thereafter.
Adding to Feb 2022 $7 calls.
Not financial advice.
DRV x3 Real Estate short ETF has a couple nice Gaps to fill at ~$12 and ~$20.
Stoch and RSI appear to be confirming a potential bottom/turn back up here on the weekly. AO also predicting a move up sooner than later.
Last few times the RSI got this low on the weekly - DRV spiked hard soon thereafter.
Adding to Feb 2022 $7 calls.
Not financial advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.