The Real Estate ETF, REZ, delivered a buy signal on Friday.
Since peaking in late October, the real estate EFT, REZ has been printing a series of lower highs and lower lows. It printed its lowest point on Wednesday, day 26. It formed a swing low on Thursday then delivered bullish follow through by closing above the 200 day MA and the 10 day MA to signal a new daily cycle.
I believe that this is not only a daily cycle low but a higher degree intermediate cycle low and possibly the yearly cycle low.
In my special report: Real Estate Opportunity, I will breakdown how the daily, weekly, and yearly cycles for the ETF – REZ, so you can see why I think that this is the best time of the year for Real Estate.
Along with my special report, Real Estate Opportunity, I am running a 6 week trial subscription special. The 6 week trial subscription you will have will give you full access to the premium site which includes:
1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker.
2) The Mid-Week Update. Posted on Wednesday’s is a review of the daily and weekly charts for the above mentioned asset classes.
3)The Weekend Updates take a look of the daily & weekly charts of the DAX, GYX, NATGAS & XLE.
4) Weekly Update of the Bullish Percentile Bingo
5) Frequent updates of my proprietary FAS Buy/Sell Indicator
The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.
For the special report, Real Estate Opportunity, and 6 week trial subscription offer click here.
Current subscribers can access the report here.