Top of parallel channel swing (KISS).
Interest rate sensitive sector XLRE overbought here. Relative to XLU (another dividend etf sensitive to interest rates), XLRE also showing overbought levels.
Interest rate sensitive sector XLRE overbought here. Relative to XLU (another dividend etf sensitive to interest rates), XLRE also showing overbought levels.
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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.