Conversely, here is something that remains in a major bear market (cyclical bull notwithstanding). I am not trying to will this view upon the RE sector. It simply is what it is with MACD and TRIXY still embedded well below zero (bull line).Okay, so I am a perma-bear if that is what some readers would like to believe. But the chart is the chart. I would much rather have a bright big picture in which to conduct business and live life. But this picture states that the most dumb ass of money is buying here. And that's just the technicals.
Now, the gold stocks could plunge below TRIX/MACD zero and join the rest of the mess in a bear market, but they have not yet done so. The charts are the charts.
