Wednesday, October 28, 2009

Home Builders Break Through Support



A few days ago I posted about the bearish divergence I was seeing in the homebuilders index and that it could spell trouble for the market. Well today we are seeing the homebuilders along with the banks break through support. You can read that original post by clicking here. If time permits, I'll try to post more charts regarding the S&P, small caps and banks later tonight.

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