You know how D4rkEnergY is here to help you! That's his mission - he is here to make everyone happy. He will warn you about buying your dream home
now. Here is why!
XHB index, the Homebuilder Index, is where we want to look if we want to get an idea about the real estate market in US. It's a really good leading indicator, and are composed of sectors like: homebuilding, construction supply, home improvement, electrical components and home furnishing etc.
It predicted the market crash in 2007-2008 - notice how the index already crashed in 2006 before the real crash happened. Also notice how 2018 has been a huge bloodbath. This could very well be a sign of an coming crash, IF we continue down.
And down we will go - most likely. We already survived one Head and Shoulder pattern due to help from the EMA50. But we are now below this critical area, and the now working against us as resistance.
So here is D4rkEnergYs advice to you:
Don't buy a house now - wait a year or 2 and you can get your dream home on sale!
D4 Loves You <3
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