DFH on the last two candles did not significantly reduce its price, although the main SP500 index fell quite strongly. It seems that this action is stronger than the broad market index SP500. In the background we have a strong accumulation and we should expect increases in the coming sessions
Housing data is not looking well and usually has lag time. We still maintain that our main trading strategy relies heavy on reward to risk ratio's and this on with a 2.27 makes it an appealing trade at these levels.