There is an 18.6 yr cycle in property and maybe its topping out
If so its bearish on property in USA
This one has broken its long term trend line and is making kind of a reversal pattern at the top or its continuation pattern if the bull has further to run, either case I think we can get a 15% pull back lower here atm. Which still supports forming a chart pattern of a triangle wedge
If you are bearish and prices have topped or are wobbling - Using KLOS/R on the way down could provide target zones to get out or buy back in depending on the bear and rate of decent. Assuming bear approach it will fall quick.
Over a long time prices tend to go back up so unless this is a super bear you will be ok and it will be a nice place to buy loads of properties again at the bottom.
Can the price chart tell us any clues for the bottom of the real estate market?
Can the price chart tell us any clues about the top of the real estate market?
Time will tell,
If so its bearish on property in USA
This one has broken its long term trend line and is making kind of a reversal pattern at the top or its continuation pattern if the bull has further to run, either case I think we can get a 15% pull back lower here atm. Which still supports forming a chart pattern of a triangle wedge
If you are bearish and prices have topped or are wobbling - Using KLOS/R on the way down could provide target zones to get out or buy back in depending on the bear and rate of decent. Assuming bear approach it will fall quick.
Over a long time prices tend to go back up so unless this is a super bear you will be ok and it will be a nice place to buy loads of properties again at the bottom.
Can the price chart tell us any clues for the bottom of the real estate market?
Can the price chart tell us any clues about the top of the real estate market?
Time will tell,
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.