The TF chart above shows us in a confirmed downtrend and the resistance area that I cited previously (Blue dots) was indeed serious resistance and rejected.
Another Warning sign is that the TNA to TZA ratio is very expensive meaning that its especially expensive to be going long here and there is still a fair amount of selling pressure in the market.
Realtor.com Reports Active Inventory Up 33.3% YoY; New Listings Up 10.4% YoY
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
1 hour ago