IYR IS RISKY

-- higher lows, and resistance remains @79.20, if the triangle is valid, then short IYR.
-- not a reverse
-- keep going down after break downwards the triangle
set stop @ 79.3

評論:

it broke out from the consolidation area which ranges from 77 to 79.00.
meaning -- it was a consolidation area in uptrend, so it could still move up till it reach its really end.