marketstrats

Entered Homebuilders ETF today anticipating the breakout

Long
AMEX:XHB   SPDR Series Trust SPDR Homebuilders ETF
xhb
This is clearly ready to pop with a key horizontal level and diagonal trendline being tested. Above rising 5 day MA. Placing a stop under rectangle.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.