Homebuilder stocks and S&P 500

Homebuilder stocks and the S&P 500 ( SPX / ES1! ) have been diverging since April.

With the S&P finally pulling back as of last week, is it now time for the S&P 500 ( SPX / ES1! ) to head the direction of homebuilder stocks?

Комментарий:

Homebuilder stocks continue to deteriorate while the S&P continues its uptrend.

Have no idea how long this can last, but will wait until a definitive change in direction before taking the short trade.

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Homebuilders still downstrending.

When will the S&P start going down?

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Further deterioration in homebuilder stocks while the S&P continues its uptrend.