Posted by: union03g | January 3, 2010

Update: 3 Yr. S&P Homebuilders Chart with 200 EMA.

Here’s the trailing 3 year S&P Homebuilders (XHB) ETF with a 200 day EMA and its volume below. As you can see, XHB has been trading constantly above the moving average in 2009, a signal that real estate has improved and stabilized. I also like the decreased volatility over the past 6 months and the volume spike when investors felt the bottom.

Will XHB break out one way or the other in H1?   (click chart to enlarge)



  1. Now that’s the news I love to hear. We need stabilizatiion in real estate.

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