IYR on 01-22-2024

CTA for IYR as of 2024-01-17
CTA for IYR as of 2024-01-17
CTA for IYR as of 2024-01-18
CTA for IYR as of 2024-01-18
CTA for IYR as of 2024-01-19
CTA for IYR as of 2024-01-19
CTA for IYR as of 2024-01-22
CTA for IYR as of 2024-01-22
MTP for IYR as of 2024-01-22
MTP for IYR as of 2024-01-22
Chart for IYR as of 2024-01-22
Chart for IYR as of 2024-01-22

Last week had the CTA report flip to a short position, with a downgrade on the MTP report of one of the longer timeframes. There is hesitation though because we are past halfway in to a 9 count.

Looking for a bounce off the 50EMA and then a convincing break below before entering a long PUT