SRS 5 min positive divergence
SRS 15 min Positive divergence
Yesterday I suggested SRS may be near the end of its pullback, we are seeing some positive divergences and it's at a low risk entry (using risk management of course). I'd maybe put a stop below yesterday's lows on a closing basis, this way the risk is pretty minimal and you can take a shot at what appears to be a reversal in SRS which is a leveraged short ETF on Real Estate.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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