We’re very excited to present our Squeeze Engine, one of the main tools that powers the success of Breakout Multiplier.
As markets continue to rotate into real asset–heavy, value-oriented industry groups, we turn our attention to the next logical area setting up for a move.
Here’s today’s standout:
The US Real Estate ETF $IYR is currently exhibiting a Squeeze Score of 85.3 and an even tighter Long-Term Squeeze Score of 95.2.
Here's what the chart looks like:
Real estate stocks are coiled in one of the tightest long-term coils anywhere in the market.
Price is curling higher as buyers reclaim key anchored VWAPs.
As the market continues to rotate into value-oriented groups, real estate stands out as a logical next area to potentially catch a bid.