SRS Ultrashort Real Estate Daily Chart Falling Wedge Positive Divergence Inverted H&S

The blue falling wedge and positive divergence is bullish. Price is on the launchpad ready to take a ride upwards. SRS is an inverse ETF so it moves opposite the housing market, therefore, a happy chart here means trouble and woe for the housing sector moving forward.

The pink inverted H&S targets 41-ish. The green inverted H&S targets 60. Projection is for price to move sideways to sideways up for the days and weeks ahead, which means the long housing funk will continue along and likely worsen. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.