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ITB
Posted on October 8, 2020 Leave a Comment
we have two long term extension targets along with a long term AB=CD. big resistance/target ahead.
Housing … just keep your head in the sand OR are the clouds forming? 4th update
Posted on June 20, 2017 Leave a Comment
06/20/2017 – update. _______________________________________________________________________________________ 04/15/2017 – XHB has continued higher. It hasn’t made new highs but it sure isn’t showing the weakness that the rest of the overall market is showing right now …I’ve also updated ITB. Note, I didn’t have all the data (not sure why) the last time I posted on this one […]
Housing … just keep your head in the sand OR are the clouds forming? 3rd update
Posted on April 16, 2017 Leave a Comment
04/15/2017 – XHB has continued higher. It hasn’t made new highs but it sure isn’t showing the weakness that the rest of the overall market is showing right now …I’ve also updated ITB. Note, I didn’t have all the data (not sure why) the last time I posted on this one … the high is […]
Housing … just keep your head in the sand OR are the clouds forming? UPDATE to the UPDATE
Posted on January 30, 2017 Leave a Comment
1/30/2017 – TON of standing inventory in the 900,000 range for .00004 acres and <2000 sq ft w/ rates rising. (I know that’s fundamental ‘stuff’ but it helps cast a picture) a ‘basic’ H+S on the Home-builders sure seems to be building … only ‘TIME’ will tell. note the ‘time’ symmetry between the L and […]
Housing … just keep your head in the sand OR are the clouds forming? UPDATE
Posted on November 14, 2016 Leave a Comment
11/14/2016 – since the Election, the XHB ETF has taken off like a rocket ship. You can see below that it hit the .618 retracement from the Spring low of 16′. Upper targets are being shown in around 34-35. were still working w/ the thesis that the 39 level was the completion of a major […]
Housing … just keep your head in the sand OR are the clouds forming?
Posted on September 5, 2016 Leave a Comment
I sold my house in VA and moved out to SoCal to rent .. did it for a number of reasons. The NUMBER 1 reason was to learn how to Stand Up Paddle-board Surf and enjoy the weather. YES, I understand it’s financial suicide out here .. the taxes are crazy, the cost of living […]
$ITB Home Construction Index – SELL PATTERN complete
Posted on June 28, 2015 Leave a Comment
also, note how correlated the $ITB is with $XLF. did a blog post for @seeitmarket on the financials: http://www.seeitmarket.com/whats-next-for-the-financial-sector-etf-xlf-14447/ watch this pattern – closely. good weekend to you. B
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