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priceaction357

Homebuilder stocks and S&P 500

Short
S&P 500 Index (SP:SPX)  
priceaction357 Updated   
SP:SPX   S&P 500 Index
Trend Analysis S&P 500 (SPX500) SPX (S&P 500 Index) S&P 500 E-Mini Futures
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trendanalysis spx500 spx es1!
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?

Comment:
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.
Comment:
Homebuilders still downstrending.

When will the S&P start going down?
Comment:
Further deterioration in homebuilder stocks while the S&P continues its uptrend.
Plan your trade and trade your plan.
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