Double-Top or Just a Pause? $HD
Updated
HD I wonder if this ends up being a double-top for Home Depot?
I would watch lumber prices, it tracked lumber quite closely last time, if lumber fades soon it could signal macro-economic weakness in the economy, which could lead to lower bond yields and lower stock prices together. Watch closely my friends.
Trade active
*Full disclosure, I own put spreads*
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.