ALERT: Leading indicators breaking support

Sharing is Caring!

by Kimble Charting


Over the last 30-months, Lumber and Homebuilders have been much stronger than the S&P 500.

Both were upside leaders as Homebuilders gained 50% more than the S&P and Lumber doubled S&P gains since 1/1/16

READ  WATER EMERGENCY ALERT is Issued as Brazil is Facing Drought

Not only did they outperform the broad market to the upside, they actually were leading indicators of good things to come as they started pushing sharply higher “before” the S&P!

READ  ALERT! JP Morgan Controls 63% of All COMEX Eligible Physical Silver...WHY?! (Bix Weir)

Joe Friday Just The Facts– Both of these leaders are breaking rising support at each (1), which could be sending an important message to the broad markets.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.