Trading Strategy – Vanguard REIT ETF

 
One of the more noteworthy developments in recent days has been the move in real estate.  The Vanguard REIT ETF (VNQ) fell 0.5 percent Monday.  The ETF is up just a little more than 2 percent, YTD, trailing the S&P by 14 percent.  Now the question is whether Monday selloff is a pause that refreshes or it’s a beginning of something worse?  In fact, according to our “U.S. Market Trading Map”, Monday’s decline indicated an impending bearish trend reversal.  Below is an update look at a trade in the VNQ.

The graphic below is from our “U.S. Market Trading Map”, show the near-term technical bias and trading ranges.  As shown, the underlying is in a short-term bullish trend when the price bars are painted in green.  The underlying is in a short-term bearish trend when the price bars are painted in red. 

Chart 1.1 – Vanguard REIT ETF (daily)

Our “U.S. Market Trading Map” painted VNQ bar in red (sell). VNQ sold off sharply Monday after the late September recovery rally ran out of steam just below the 2017 falling trend line resistance.  There is a distinct characteristic that a rising wedge is formed in the daily chart of VNQ…Click here to read more.

You see, our trend-following system is very unique as it attempts to pick turns before others see them. Timing is everything and if you’ve applied our system correctly, you should have made a killing in any markets.

 

This is just an example of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?

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