The SRS (2x short/bearish REIT sector ETF) hit the first price target for a 5.8% total gain, 4% beta-adjusted gain on Wednesday followed by the typical reaction off the initial tag of that level so far.

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SRS remains an Active Swing Trade at this time with T2 as the final target & a maximum suggested stop of any move below 25.74 although it would be prudent to raise stops to breakeven or assure a profit for those that didn’t not book full profits at T1.