Real Estate Select Sector SPDR Fund (The)

Long

$XLRE more room to pump relative to $SPY? (3/5)

Conviction: 3/5
Overall downtrend, but Real Estate sector () looks like it could continue to outperform S&P 500 () to reach the top of the channel.

RSI-W, HOWEVER, is showing signs of exhaustion, potentially putting in a bearish divergence.

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Also on:

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.