Technical analysis of the homebuilders sector via the ETFs; XHB, ITB, & NAIL, followed by analysis & trade ideas on the 35 individual components of XHB. Silver or Gold level access initially required.
Due to the large number of trade ideas covered, this video runs longer than usual. In summary, the majority of the stocks within the homebuilding & related sectors have very similar, potentially bearish technical postures. However, most of these stocks are yet to trigger an objective sell signal & as such, these are only potential short trade ideas (set-ups) at this time, pending sell signals which are covered in the video. The first part of the video covers the charts of 3 homebuilders ETFs; XHB, ITB, & NAIL (3x leveraged long/bullish) followed by coverage of the 35 individual stocks within XHB.