On 8/27, a month ago today, a post was created (see post) to purchase the Home Builders ETF (XHB). A month later this position is going to be harvested, decent gain of slightly more than 10%.

Bull…Bear… Neither?  (see post)  Neither!  Just harvesting 30 day gains at Fibonacci resistance, at the top of a trading range as a small rising wedge has taken shape of late.

Game Plan now…keep a close eye on XHB, with plans to repurchase it on a break of Fibonacci/channel resistance.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past