MACRO MONDAY 21
NAHB Housing Market Index
The NAHB Housing Market Index (HMI) is compiled from a monthly survey issued by the National Association of Home Builders (NAHB) to U.S. builders in order to measure the current and forward looking sentiment for single-family homes being built or with the prospect of being built in the U.S.
In the survey builders rate...
Bought my 1st entry in HMI today which I been monitoring for a few months.
Placing was at 18.5p. institutions & BoD bought shares at higher price.
618 fibs from before last spike, twice previous support plus 200ma around the corner.
RSI way oversold.