Sunday, July 29, 2012

SRS UltraShort Real Estate Weekly Chart Falling Wedge Positive Divergence

SRS, a 2x inverse ETF that moves opposite to the real estate sector trails lower into the black falling wedge.  The green lines show the positive divergence now in place that should bounce price.  Keystone opened a long postion in SRS on Friday. An entry anywhere from 24.70 to the current 25.33 level appears attractive. Projection is for a bounce in SRS at anytime, likely in conjunction with weaker housing sector news. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Posted by at

2 comments:

  1. AmagesoftSeptember 20, 2012 at 7:56 AM

    Every one wants to buy a luxurious home to live. People wants every facility in affordable rates. There are many real estate agents who can provide you a best home in affordable rates. For more info you can check Reside In Summit .

    ReplyDelete
  2. UnknownNovember 20, 2012 at 8:02 AM

    Even though you really are a purchaser in addition to buying great deal, make sure to check out just about every achievable point, consequently the plumbing contractor furnishing, electric methods, gardening as well as every other. Certainly not watching this kind of information may possibly sway people in direction of a wrong selection.
    To know more please visit at St Charles IL real estate

    ReplyDelete

Note: Only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)