The homebuilders are stirring, and Quantmatix is picking it up early. After a short-term pullback in May, we're now seeing renewed strength in the SPDR Homebuilders ETF (XHB) 🔨.
📅 On May 20th, our system flagged a short-term reversal 📉. But fast forward to yesterday, and a +1.2% move pushed XHB back above its weekly mean and into the upper channel 🟢 — a key technical level that aligns with improving Quantmatix momentum.
🚨 Today's Signal:
✅ Positive Daily Top Quantmatix Signal for XHB
🟢 Short-term sentiment has flipped, and the medium-term frame is now accelerating positively.
Keep reading with a 7-day free trial
Subscribe to QMTrades to keep reading this post and get 7 days of free access to the full post archives.