XLRE: Support and resistance

93
XLRE
Let's see if Real estate is going for a correctio or it has gas to go up again.
Looks like a stagnation or correction for a long period.
If FED starts printing, expect it to go higher.

My theory:
1. Correction into FED pause.
2. Quick downside into FED rate cut.
3. Start the bull run again once FED starts printing and Rates go below 3%.

Cheers
Trade closed: target reached
Wow, that's how charts work.
Perfect pattern and we are at support.

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