priceaction357

Homebuilder stocks and S&P 500

Kort
priceaction357 Uppdaterad   
SP:SPX   S&P 500 Index
Homebuilder stocks and the S&P 500 ( SPX / ES1! ) have been diverging since April.

With the S&P finally pulling back as of last week, is it now time for the S&P 500 ( SPX / ES1! ) to head the direction of homebuilder stocks?

Kommentera:
Homebuilder stocks continue to deteriorate while the S&P continues its uptrend.

Have no idea how long this can last, but will wait until a definitive change in direction before taking the short trade.
Kommentera:
Homebuilders still downstrending.

When will the S&P start going down?
Kommentera:
Further deterioration in homebuilder stocks while the S&P continues its uptrend.

Plan your trade and trade your plan.
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