Commodity Prices

Gold •15 mins	2,347.20	+4.70	+0.20%
Platinum •15 mins	922.10	+1.60	+0.17%
WTI Crude •4 hours	83.85	+0.28	+0.34%
Gasoline •4 hours	2.765	+0.006	+0.23%
Ethanol •2 hours	2.161	+0.000	+0.00%
Silver •15 mins	27.54	-0.10	-0.35%

Silver • 15 mins	27.54	-0.10	-0.35%
Copper • 15 mins	4.574	+0.036	+0.78%
Brent Crude • 3 hours	89.50	+0.49	+0.55%
Natural Gas • 7 hours	1.614	-0.024	-1.47%
Heating Oil • 4 hours	2.548	-0.002	-0.09%

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DRV (Real Estate Bear 3x ETF): IWR Bearish Watchlist

By - Apr 23, 2014, 5:41 AM CDT

Reason: Potential Bullish Falling Wedge

This is a short-term trade setup.

If the Bullish Falling Wedge pans out it should result in a sharp rebound with a potential target in the range 46.16 (Gap) - 47.28 (Last lower high).

The RSI (5) positive divergence favours a tradable bottom which needs to overcome the resistance located at 45 opening the door to achieve a move towards the target box.

DRV Daily Chart
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