XLRE possible Breakout
XLRE is trying to breakout of a small basing formation.
With rates surging recently one has to question a potential failure of this breakout, however if it does breakout there may be some significant momentum to the upside. Could this breakout coincide with a sudden drop in rates?
With rates surging recently one has to question a potential failure of this breakout, however if it does breakout there may be some significant momentum to the upside. Could this breakout coincide with a sudden drop in rates?