Going After Prized Real Estate; Chess Moves

I just went long SRS, which is the double-bearish ETF for the commercial real estate stocks (REITs). 

I went long at $12.03 with a protective stop-loss below $11.50. This position equates to roughly 4% of my trading portfolio capital. 

The top individual holdings to watch with respect to this play are: SPG AMT CCI. In my view, all three, and other in the REIT space, are ripe to correct further. Note that REITs are a rate-senstiive sector, historically, and bonds have finally started to show signs of a correction of late. 

At a minimum, I would expect the IYR to pull back to its 100-day moving average, if not the 150-day and 200-day, to help propel the SRS higher.