IYR - REITS COULD PRINT THE CLASSIC REVERSAL

12:44pm
iyr / daily


day's far from over, but this star is the harbinger of intermediate term doom








1:05pm
iyr 2d/3m


so far the intraday action does look like the vwap reversion program trading that durdens' been talking about





6:50pm
eod

they gave it up a bit easier than i'd expected. point being i guess, nonfarms tomorrow and the parabolic daily price action. liking reits and the other financials for a shakeout only. that's unless the political gridlock we've been pricing in is seriously threatened