This daily chart of the IYR should be enough to keep the bears in hibernation for a bit longer. The higher lows over the last couple of weeks on muted volume have this one lookin good. I would wait until we clear $52 on some volume before entering here. If that happens, we could get pretty close to $60. Trade em well!Friday, April 9, 2010
ETF Watch, IYR
This daily chart of the IYR should be enough to keep the bears in hibernation for a bit longer. The higher lows over the last couple of weeks on muted volume have this one lookin good. I would wait until we clear $52 on some volume before entering here. If that happens, we could get pretty close to $60. Trade em well!
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