, 11 tweets, 9 min read Read on Twitter
$XLRE Daily: New Chart!

#XLRE is the sector ETF for the real estate industry. Over the past few weeks it has been the strongest of all the sector ETFS (basically going vertical). However, the chart formation is looking like a major broadening topping wedge...

#RealEstate
$XLRE Daily: #XLRE now facing resistance... topping wedge resistance TO could be in effect here... need to wait until Friday for confirmation

#RealEstate
$XLRE Daily: #XLRE finally hit the orange resistance TL. Let’s see how this develops over the next few days. Any kind of shooting star or red candle in the next 2 days could trigger a sell signal. Patience for confirmation ...

#RealEstate
$XLRE Daily: #XLRE very interesting rejection today, yellow bull channel literally hitting the end of the road against orange TL resistance. Really does not get more textbook than this. The rest of the week should be interesting to watch 🔎

#RealEstate
$XLRE Daily: #XLRE perhaps one last hurrah... literally zero room left, somethings gotta give. One heck of a straddle trade setup 🤑

#RealEstate
$XLRE Daily: #XLRE formation now literally 100% full. Never seen that before, truly a rare sight. Tomorrow this will give

#RealEstate
$XLRE Daily: #XLRE popped out just above orange resistance,e but connected previous overshoot & today’s. Shooting star while resting on yellow support indicates it may finally roll over. MACD reaching exhaustion bearish cross soon. 13MA tear next most likely

#RealEstate
$XLRE Daily: #XLRE UHHH OOOHHH SPAGHETTIOS 🍝

Yellow channel support finally failed, could be one hell of a setup here...

#RealEstate
$XLRE Daily: #XLRE first test of 13MA has happened. If tomorrow’s close is below 13MA that would be first confirmation of big flush coming, once a close below BC happens acceleration to the downside should start (earliest that could happen is Monday). MACD crossed

#RealEstate
$XLRE Daily: #XLRE one final pop to backtest yellow support as resistance. Clipped upper orange resistance TL too again for a 2nd top. MACD/Stochs both crossed & starting to roll over. Once 13MA & BC breaks on closing basis bear move is confirmed, not yet but soon
#RealEstate
$XLRE Daily: #XLRE cracks are starting to show (as I warned two days ago at the first signal). MACD/Stochs now I’m free fall. 13MA broke & BC now being tested. If Red candle tomorrow, confirms bear move now in effect. Once Lower BB reverses =📉
#RealEstate #housing #housingmarket
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Mystery Trader
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!