This etf is looking pretty toppy and if the neck line is broken it will look to the 25 area as a measured target.
This economy is not going as policy makers would hope, which is no surprise because the only real effects I see from the 'make work' stimulus package come in the form of things like signs telling me 'your stimulus money at work' while I sit in traffic jams on the highway.
But I digress. Here is the RE etf threatening its neck line.
Thursday, July 9, 2009
IYR - Real estate iShares
Posted by
Gary from biiwii.com
at
3:02 PM
Labels: commercial real estate, iyr, stocks
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