GUMBY9662C

ITB Home Construction Index Broken

AMEX:ITB   iShares U.S. Home Construction ETF
Well, this one broke the long term Monthly trend and the shorter term uptrend last week. Higher interest rates plus tariffs a double negative for new home construction. Now something to keep on the horizon, all the hurricane construction. This sector likely to get a stimulus rebuilding the South East. On the flip side, I don't see Bonds at support yet so there is likely time to enter this trade for a bounce.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。