The SPDR ASX200 Listed Property ETF has been in a bullish higher low pattern for a number years and the Algo Engine has identified multiple entry points, where price has retraced within the broader uptrend.
The signals in late 2016 and again in mid 2017, suggest buying support near the $12 range. Stop-loss below $11.75.
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SPDR S&P/ASX 200 Listed Property Fund, seeks to closely track, before fees and expenses, the returns and characteristics of the S&P/ASX 200 A-REIT Index. The fund yields approximately 5% per annum.
