Spdr Dow Jones Global Real Est RWO Technical Pivots with Risk Controls

Source: Stock Traders Daily

Longer Term Trading Plans for RWO
  • Buy RWO over 46.98 target 50.26 stop loss @ 46.84 Details
  • The technical summary data tells us to buy RWO near 46.98 with an upside target of 50.26. This data also tells us to set a stop loss @ 46.84 to protect against excessive loss in case the stock begins to move against the trade. 46.98 is the first level of support below 48.2 , and by rule, any test of support is a buy signal. In this case, support 46.98 is being tested, a buy signal would exist.

  • Short RWO under 50.26, target 46.98, stop loss @ 50.41 Details
  • The technical summary data is suggesting a short of RWO as it gets near 50.26 with a downside target of 46.98. We should have a stop loss in place at 50.41though. 50.26 is the first level of resistance above 48.2, and by rule, any test of resistance is a short signal. In this case, if resistance 50.26 is being tested, a short signal would exist.

Swing Trading Plans for RWO
  • Buy RWO over 50.26, target n/a, Stop Loss @ 50.11 Details
  • If 50.26 begins to break higher, the technical summary data tells us to buy RWO just over 50.26, with an upside target of n/a. The data also tells us to set a stop loss @ 50.11 in case the stock turns against the trade. 50.26 is the first level of resistance above 48.2, and by rule, any break above resistance is a buy signal. In this case, 50.26, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short RWO near 50.26, target 48.03, Stop Loss @ 50.41. Details
  • The technical summary data is suggesting a short of RWO if it tests 50.26 with a downside target of 48.03. We should have a stop loss in place at 50.41 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 50.26, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for RWO
  • Buy RWO over 50.26, target n/a, Stop Loss @ 50.14 Details
  • If 50.26 begins to break higher, the technical summary data tells us to buy RWO just over 50.26, with an upside target of n/a. The data also tells us to set a stop loss @ 50.14 in case the stock turns against the trade. 50.26 is the first level of resistance above 48.2, and by rule, any break above resistance is a buy signal. In this case, 50.26, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short RWO near 50.26, target 48.03, Stop Loss @ 50.38. Details
  • The technical summary data is suggesting a short of RWO if it tests 50.26 with a downside target of 48.03. We should have a stop loss in place at 50.38 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 50.26, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

RWO Ratings for August 11:

Term → Near Mid Long
Rating Strong Strong Weak
P1 0 0 43.66
P2 46.59 46.81 46.98
P3 47.31 48.03 50.26

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The technical pivots for Spdr Dow Jones Global Real Est (NYSE: RWO) help you determine how to trade, when to buy, when to sell, and how to control risk.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for RWO change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if RWO is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Evitar Corte monitors the FOMC for Market Crash signals:

Fundamental Charts for RWO:

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