IYR weekly chart since 2005
arithmetic scale
* where price is now testing, is one idea for the level of failed horizontal intraday support based on the 2007 to 2008 price action...other failure levels could also be identified from that time period but this $62.67 looks relevant enough to matter since it also became firm resistance for later bounce attempts in 2008
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arithmetic scale
* where price is now testing, is one idea for the level of failed horizontal intraday support based on the 2007 to 2008 price action...other failure levels could also be identified from that time period but this $62.67 looks relevant enough to matter since it also became firm resistance for later bounce attempts in 2008
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