Looking at KBH and the respective Phlx Hsg Sector Index(HGX), looks like major resistance is coming up after a relief rally.
Going short soon.
This was posted on an earlier thread about growing housing inventories(not new homes):
http://www.benengebreth.org/housingtracker/
Going short soon.
This was posted on an earlier thread about growing housing inventories(not new homes):
http://www.benengebreth.org/housingtracker/