XHB, Ishares HomeBuilders

xhb jan 31 2013xhb jan 31 s 2013

See previous blog. We did not stop at 50% and are now approaching 61.8%. By now every investor/gambler knows that the housing market is rebounding, but is it?? Not according to these charts. 5down followed by and a-b- rebound is not a recipe for further gains. This ETF should turn any moment.