A while back, we looked at shorting this vehicle, a proxy for a broad-based portfolio of U.S. real estate companies and REITs, but decided to wait for a better opportunity. Check out the chart and you can see what a temptation it would be to get short at the trendline. The trade would look even more promising if IYR were nearing it in three or four weeks, when it would closely coincide with the secondary Hidden Pivot at 77.66 shown.  Let’s give this prospect time to develop. For now, set a chart alert near 77.