Home Builders Showing Relative Strength

"Danno" Sheehy

Good morning traders. The home construction index ($DJUSHB) remains in an uptrend. The best looking chart out of the group for a long trade is D.R. Horton Inc. (DHI) which illustrated on the chart below. There is little technical resistance between yesterday’s close and the upper trendline on the DHI daily chart. If the broad […]

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"Danno" Sheehy

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