• This Leading Indicator Is Flashing A Warning Sign For Stocks

    2 monthes ago - By ETF Daily News

    From Chris Kimble : The following chart looks at Lumber prices over the past 30-years. The trend in lumber prices remains up.
    Few industries are more important to the overall economy than the Housing Sector. The chart above looks at the Dow Jones Home Construction Index over the past 18-years and how it has peaked and bottomed ahead of the broad markets in the past.
    The index rallied several hundred percent over a 5-year period in the early 2000's. It broke support and the kissed the underside of new resistance at (1), where selling pressure started ramping up. Over the next few years, the...
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