SPDR S&P homebuilders XHB:
1. During the week of Sept.16 S&P homebuilders ETF was forecast to decline from the then current price of approximately $31.50 down to $30.50/$30 into the week of Sept. 22 (the current week). The $30.50/$30 level was considered buying territory.
2. This week (the week of Sept. 22) S&P homebuilders completed the decline to $30.50/$30 (session low, $29.91) and has reversed. Will message any further entry or indication as the market confirms.
David Williams