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Bearish Reversal Has Homebuilders (XHB) On The Ropes

Bearish Reversal Has Homebuilders (XHB) On The Ropes

by Chris Kimble | Jul 27, 2018 | Kimble Charting

Are the Homebuilders experiencing a case of Deja Vu? Is it 2006 all over again? Looking at a monthly chart of the Homebuilders ETF (NYSEARCA: XHB), you can see that a series of bearish reversals took shape back in 2006, just prior to the financial crisis. Fast forward...

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