US Home Construction to Slow
A giant wedge coming into play.
-6 deg trendline on top, 15 deg trendline (1+5=6... as above so below) on the bottom.
Harmonic shows double Giza (52) to binary YES handoff (11) with a pullback to Giza ($52) at 8/22 (128 inverse Giza)
Watching the interaction with the upper trendline for final confirmation of rally strength.
Inflation + Interest Rates + Job Loss will weaken demand in my view.
Magnet pullback to red resistance spiral for a retest.
Interesting connections.
Initial spiral convergence 02.07.2020 (27)
The overhead resistance spiral comes to an end on 10.27.2023 @ 27.72
-6 deg trendline on top, 15 deg trendline (1+5=6... as above so below) on the bottom.
Harmonic shows double Giza (52) to binary YES handoff (11) with a pullback to Giza ($52) at 8/22 (128 inverse Giza)
Watching the interaction with the upper trendline for final confirmation of rally strength.
Inflation + Interest Rates + Job Loss will weaken demand in my view.
Magnet pullback to red resistance spiral for a retest.
Interesting connections.
Initial spiral convergence 02.07.2020 (27)
The overhead resistance spiral comes to an end on 10.27.2023 @ 27.72
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www.tradingview.com/chart/hn4Gq54Y/