ITB Homebuilders, weekly chart has more room to run

By hockeysniper
ITB Homebuilders 3x ETF, weekly chart has more room to run. Daily chart is ready for break out. Inverse H and S . LEN , KBH and DHI all had great earnings reports recently. Above $46.35 would be all time highs. The FED should be cutting rates again with the Oct 4th economic data, so more bullishness for homebuilders. Good luck!
Chart PatternsTechnical IndicatorsInverse Head and ShouldersITBKBHLENQQQSPDR S&P 500 ETF (SPY) Trend Analysis
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