CLICK ON CHART TO ENLARGE These high flying yield plays formed bearish rising wedge, which two-thirds of the time suggest lower prices are ahead. Reit ETF (IYR) and Utilities ETF (XLU) are breaking down from these bearish patterns. -
CLICK ON CHART TO ENLARGE Banks & Home builders lost nearly 80% in value at the 2009 lows. Dr Ben has doing a variety of “operations” to get these sectors back to health. Both Banks and Home builders faced the 38% Fibonacci retracement level of late, a key resistance recovery line that both have pushed [...]
CLICK ON CHART TO ENLARGE What sector had a major impact on the economy and stock market from 2006 to 2009? Home Construction Index… as it fell 90% in price in a few years. What sector has been very hot of late and might have helped pull the broad markets higher? Home Construction ETF (ITB) [...]
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