NYSE:RMZ RMZ finished the long term cycle wave 5 in October of 2019 and it is tracing its primary wave 1 down. There is a lot of room to go to the end of this move
What is this chart? This is the MSCI Real-Estate Investment Trust (REIT) Index, it is the Index that DRV is backed by. DRV is a 3xLeveraged Short Real-Estate ETF.
Why is it important? Because if you buy DRV while RMZ is crashing you can make some pretty insane returns. If you look at the Elliott Wave count on this chart and on the related SPX500 chart you will...