Update to my earlier idea on the real estate market cycle.
In Short, real estate has 2-5 years remaining and won't likely peak out until consumer household debt surpasses $20T. Currently at $14T.
ENTRY: 2.32
TP1: 2.51
TP2: 2.87
SL: 2.10
- ADX>25
- RSI>60
- FFI and RS +ve
- MAs are aligned
- Break-up with good volume on 25 Jan 2021
- Retraced with hammer candle on 26 Jan 2021 and entered here