Dec 22, 2023
Cheat Codes - No Promises ft. Demi Lovato [Official Video]
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Cheat Codes - No Promises ft. Demi Lovato [Official Video]
IYR ETF trader tip: Using the daily chart, Technical Traders goes over IYR ETF, which had a beautiful pullback over the last month and a half and has rallied back up.
Chris details how this can be seen as two different types of patterns. You can argue this is a cup and handle or a pause and consolidation before continuing to go much higher.
As the Real Estate market shifts away from super-low interest rates and skyrocketing home prices throughout the COVID-19 crisis, we are starting to see the Real Estate ETFs weaken in trend and start to move lower.
The recent rising Mortgage Rates will likely continue to weaken sales trends and push home prices a bit lower over the next few months. The Real Estate ETF, IYR, is already reflecting a roughly 10% decline in valuation since early September 2021.