SPDR S&P HOMEBUILDERS ETFSPDR S&P HOMEBUILDERS ETFSPDR S&P HOMEBUILDERS ETF

SPDR S&P HOMEBUILDERS ETF

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SPDR S&P HOMEBUILDERS ETF forum

XHB: Homebuilders trending up, strong action even since 2022, as people who want to buy a home are stuck buying new units cause home owners were dealing with the brutal surge in interest rates.
Snapshot

XHB Double top with a nice reversal. If your long one can hedge there position or take some off the table. If you are not in this trade this a great short and a close above the trend line will stop out on a weekly basis.
Snapshot

KBH Hit the 50% fibonacci level on Friday. XHB still strong.