So what do you technically inclined folks think about the huge ranges (high to low) and volume being seen in REIT's the last couple of days? IYR is the main ETF. Is an unusually large daily range of movement combined with higher volume a bottoming type of action or does it depend? The last two days rank 2 and 3 in terms of daily % range (relative to price) for IYR in over 2000 trading days of this instrument. Basically 1 in a 1000 type of movement. I have terrible technical skills and am curious about what if anything can be intuited from this type of action.