Realestate
XLRE: Sell opportunity on recurring pattern.The Real Estate Select Sector SPDR (XLRE) reached a new All Time High today extending the aggressive bullish run since the start of the year. The candle pattern is very similar to the February - August 2016 when it made a peak after a +28.60% rise and declined below the MA200 with a first stop at -9%. The current price action appears to be following this pattern and is close to completing both the +28.60% rise parameter and the 175 day duration parameter. We are taking a short aiming at repeating the -9% initial decline (34.50) towards the MA200.
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Short Canadian Real EstateThis short opportunity is based in fundamentals that the Canadian Real Estate Market is overvalued and house prices are already in the correction territory in cities such as Vancouver and Toronto.
Considering that REITs seems not be affected this year so far I believe that is about to change. It might be a just a small pull back and the prices can still be sustained for at least a year. However, the main principle is that upside is bigger than the downside if you are short Real Estate. In addition, REITs are risk averse for the most part, so the profit/loss exposure can be reduced.
Anyway, another point is if you look at Housing Bubble in US, one of the first signs of bursting it was the REIT falling apart before anything else.
STOR for long term investment We can see that STOR keeps breaking the resistance and creating a new support each time. We can expect STOR to go to a period of digestion, going up and down, however it shouldn't touch the previews red line of support. If it does, then my prediction is wrong and STOR would go down hill. Keep an eye on the last support level.
Will Stocks Reach All Time Highs Or FINANCIAL CRISIS? MUST SEE!Ladies And Gentlemen
The oracle D4rkEnergY will guide you. Don't worry. Before you jump into US Stocks cause you've been told we will make new highs, take a step back and breathe.
I called the bear market last time. But I was wrong, when I thought we would stay in bear market territory. It was based on historical data, which show us that only 20 % of the times we will get out again when we first are on the hook. But we sure did get away - as you can see we went on this crazy rally which began Christmas Eve.
SO NOW WHAT?
I still believe we will see a bear market and a financial crisis here in 2019 or start-mid 2020. Both TA and FA are pointing in that direction.
FA:
a. Real Estate Crisis in the bigger cities - US Real Estate Bubble about to implode also
b. Expectations to when and how much FED and chairman Powell's will raise interest rates (G
c. The Consumer Confidence Index ( CCI ) is extremely high which usually always happen before a Market Crash
Looking at the chart we can easily spot the bulls plan. They are looking for some consolidation and then a sudden move up and through the roof, which give them a Higher High and we are making new All Time Highs.
What is more likely is down though. For me this look like Dumb Money bait - A Financial Crisis seems unavoidable, and THIS is how you fool the most money out of retail investors.
What support this idea is when we look at Smart Money/Dumb money index, which show that Smart Money have left back in December where Dumb Money is still in.
Also the strength in bonds lately is another factor.
D4 <3
PS. Please leave a LIKE and I will provide you with more info why we most likely will witness a Financial Crisis!