This is an update of the chart of IYR (Real estate ETF) of July 2ND (click here!) The target of $29 was reached roughly today! IYR has printed $29.2 .. close enough ! Now you should be out of SRS (double short IYR) and looking for a little bounce soon around $29 up to $31 in the near term in order to reload on some SRS. Those who are impatient .. you can try buying some URE (Double long Real Estate) if you want to play the bounce of IYR off the $29 level !
IYR : Real estate ETF
