US REAL ESTATE: Bubble vs Blow-Off Top
BUBBLE vs BLOW-OFF TOP
Looking at the IYR US Real Estate ETF chart shows we are currently in a bull market and IYR has not exceeded 2007 highs, so I think it is possible for real estate to rise substantially. If you look at the chart from 2005-2007, there was an amazing blow off top rally.
The Supertrend and CM Ultimate signals below work together on a 1 Month time-frame, so it rarely triggers. The Supertrend is the primary signal, the CM Ultimate is the secondary signal. It shows Bull markets from 2000-2007 and 2011 to present & a Bear/Recovery market from 2007-2011. The Low in early 2009 was a great buy the dip opportunity. The market almost triggered a sell signal in August 2015 but recovered, when this happened in the past there were big rallies in the years ahead. The question mark line on the far right is the next Sell trigger, a close less than 67.06 on 1M chart.
It's impossible to predict the future, the market could keep rising for years. But if a sell signal triggers on the 1M chart, I will look for the bottom of the dip ~ 2 years later.
*Not investment advice.
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