Domistock Tools Used:
Assets charted: Dow Jones Global Real Estate ETF (RWO)
Despite a recent upward rally for RWO, DomiStock maintained its dominant short signal and after today’s 1,36% drop it now sees two potential support levels, at $48.36 and mainly at $47.30. Fans of traditional technical analysis might want to check the downside breach of the symmetrical triangle that DomiStock drew starting from September’s top and bottom.