Party's over. Now comes the bill.
Housing prices have experienced an artificial inflated price surge from march 2020 that needs to be corrected.
RSI sell signal
MACD just crossed the signal and it's bound to change direction.
Stochastic RSI at virtual 0 also signals a possible change to a bear market that is still yet to occur, which often happens at...
As requested by a follower:
Opendoor Technlogies NASDAQ:OPEN
- Currently this is a high risk trade as we are reaching
oversold on the weekly and price is close to
overhead resistance
Positives and entry levels:
- Above 200 day moving average & sloping upwards
- A pull back to 200 day would be an ideal entry
- Break above the OBV resistance line...
Hello Traders,
Big rising wedge formation on Savills here with price on the top trend line of the wedge in overbought conditions with bear div on the RSI, it looks like a throw over.
Is the UK housing market in a bubble or will the price break the top of the wedge into uncharted territory?
Notice the bounce on the 24 year long trendline, I thought that was...
The formula that I worked on for weeks, finally I can put the puzzles together a chart of an ongoing real estate chart and what I provided is an economic formula that's used to adjust the median sales price of houses sold in the US for inflation and mortgage rates. Here's what each part of the formula means in more detail:
MSPUS: This variable represents the...
Not an easy chart but give it a try dear Bitcoin and Crypto Nation
Look at connections of different Tops in financial crisis 2008 and possible hints for near future:
⚫️Top Existing Home Sales
precursor of
🔵Top Home prices
precursor of
🔴Top S&P500
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not...
Existing Home Sales🔵as early indicator for Single Family Home Prices🟠as early indicator for S&P500🔴
Comparing the TOPs🔵🟠🔴at financial crisis 2007 the advance warnings began 10 + 15 month before
First TOP🔵seems clear... Second maybe in🟠
Will S&P TOP out months later again dear Crypto Nation?
What are your thoughts?
*not financial advice
do your own research...
Ishares MBB ETF look at mbb like 2008
Caution The iShares MBS ETF (MBB) seeks to track the investment results of an index composed of investment-grade mortgage-backed pass-through securities issued and/or guaranteed by U.S. government agencies.
Sincerely L.E.D In Spain at 04/28/2022
Hello receive a cordial greeting.
You have at your disposal the graph of MONTHLY SUPPLY OF HOUSES IN THE UNITED STATES and also in orange you have at your disposal
the ASPUS.
I recommend The Big Short both book and movie and seriously study what happened. Receive a greeting L.E.D
In Spain on 03/31/2022
Hello receive a cordial greeting.
You have at your disposal the graph of MONTHLY SUPPLY OF HOUSES IN THE UNITED STATES and also in orange you have at your disposal
I recommend The Big Short both book and movie and seriously study what happened. Receive a greeting L.E.D
In Spain on 03/31/2022
FMAC HPI Housing price index is interesting to look at versus the money supply.
Both are always increasing and fairly predictable since 2012.
The HPI tends to follow this ebb and flow moving up all the time, until this year where we haven't seen it's typical plateau.
When you check the money supply trend, M2, we can see that if we follow the trend going back to...
Hardly surprising though, this has taken place whenever GDP contracts & unemployment increases as it certainly will this year. I think one would suspect that this could lead to risk of deflationary effects - which I know sounds odd when one thinks and sees first hand the rampant money printing and radical expansion of money supply, and inflation increasing. I am...
Technicals
Persimmon is holding at key support and showing signs of attracting value hunters. I also note the bullish divergence on the relative ratio (Persimmon share price / UKX). The price of sterling has been a drag on the shares and with GBP moving higher yesterday it could offer some relief to domestic stocks. Technically and fundamentally, Persimmon looks...
