Homebuilders ETF (XHB) appears to have topped or is topping a little higher at the ABCD (blue arrows) projection …
First, happy birthday to my wife …! She’s the bomb!
Second, certainly looks like the XHB has topped or is topping for now …
Got into a little trance doing this one …
XHB – Homebuilders – topped or a little higher. IF (and why not) we get thru these resistance levels then …off to the races.
I think, or not, that all of you who follow this blog sense/feel that “something” is amiss.
I just had a 3 hour dinner w/ an amazing friend and mentor, Chuck … we just flowed and talked and talked, it was awesome.
Ultimately, FLOW is what it’s all about ….last night and today I flowed w/ the Homebuilders Index.
We have TOPPED or need one more push higher …above the levels shown and, I will get out the eraser and try again … this one is looking like tasty cakes.
