Double-Top or Just a Pause? $HD

Short

Home Depot, Inc. (The) (NYSE:HD)

Updated

NYSE:HD Home Depot, Inc. (The)

Trend Analysis Double Top or Bottom

trendanalysis doubletoporbottom

HD

I wonder if this ends up being a double-top for Home Depot?

I would watch lumber prices, it tracked lumber quite closely last time, if lumber fades soon it could signal macro-economic weakness in the economy, which could lead to lower bond yields and lower stock prices together. Watch closely my friends.

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*Full disclosure, I own put spreads*

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