SATRIX's property ETF is a perfect instrument for just that.
Price has been trending down for a year and a half.
The 1575 level which provided so much support on the way down was broken over a month ago and is now acting as resistance.
See those big old wicks on the upside going back through 2019? Those a rallies that were kicked in the teeth, turning into big old liquidity sucks.
And now price is forming an upward sloping channel - a close below the channel sets us up for a nice short opportunity.
Tired of your house price depreciating? Why not hedge yourself?
Price has been trending down for a year and a half.
The 1575 level which provided so much support on the way down was broken over a month ago and is now acting as resistance.
See those big old wicks on the upside going back through 2019? Those a rallies that were kicked in the teeth, turning into big old liquidity sucks.
And now price is forming an upward sloping channel - a close below the channel sets us up for a nice short opportunity.
Tired of your house price depreciating? Why not hedge yourself?
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.