DJ US Real Estate Index Paradox

Bigpicture had fun with housing charts, and I had to join in specifically for the DJ US Real Estate Index (IYR) chart outlining a head and shoulders pattern from Mike Panzner. A motivator was determining whether signals from TA would align with datawink's machine vision; It didn't, atleast in this case, datawink's signals for IYR are bullish, not the case for TA according to the chart from Panzner. Below are datawink's forecast details, click on the graphing icons for charts, they contain google timelines:

1 month forecast (bullish) - IYR price chart for 2007-04-17 to 2007-05-18 has 84.62% of its resembling charts increasing by 3.17% in price and 15.38% decreasing by -0.23%

2 month forecast (bullish) - IYR price chart for 2007-03-17 to 2007-05-18 has 92.31% of its resembling charts increasing by 4.89% in price and 7.69% decreasing by -0.59%

3 month forecast (bullish) - IYR price chart for 2007-02-14 to 2007-05-18 has 84.62% of its resembling charts increasing by 5.29% in price and 15.38% decreasing by -6.47%

From performance profiling, the analytics are saying, especially for this month, there is significant strength (84%) for this index. Certainly a paradox to me.