remember, before the IYR short/SRS long can rip, the king of all REITs, SPG, needs to roll-over and play dead. here’s a close up of the daily chart, showing a nice potential reversal candlestick pattern (evening star doji) right at the top of that big uptrend channel where i had first listed SPG as a short. then zooming out to the 2nd daily chart below, SPG will need to first take out that smaller uptrend line within the channel, and then below that at the targets (support levels) shown by the horizontal lines. i will add/revise specific targets to those if/when SPG breaks that sub uptrend line shown below. finally, the 60 min chart below further zooms in to show that uptrend line. actually, i have drawn parallel uptrend lines so a break of the lower line should be a confirmed sell signal. this is currently an active trade but one could always wait for some of the confirmation signals i listed above to add to the position or initiate a short if they are adverse to shorting before confirmation of a trend reversal.