Real Estate Faces Major Resistance, Posing Questions On The Continued Ascent

Managing Partner at Tim Knight Organization • Nov 29, 2023 at 10:20 PM EST

How much longer can this beast fly higher? I’m thinking not much longer. Major resistance is coming up quickly.

red blocks on brown wooden table

Image Source: Unsplash

How much longer can this beast fly higher? I’m thinking not much longer. Look at the trendlines I’ve drawn on the symbol below, IYR. Major resistance is coming up quickly.

More By This Author:

Diverging Paths: Dow Hits Record High, While China's Equity Market Crumbles
General Motors: A Second Chance For Shorting Opportunity Amid Overhead Supply
UiPath About To Rip?

I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.

STOCKS IN THIS ARTICLE

IYR

Comments

Back to all articles

STOCKS IN THIS ARTICLE

More from this Author

Markets Flirt With Key Support

Carvana Nirvana?

The New World