Nahb Housing Market in recessions

tradingeconomics.com/united-states/nahb-housing-market-index

Showing monthly rolling changes for the housing market - which is the first to go.
When it bottoms out and stops dropping over the period, the bear market is over.

Also showing that the 50 monthly moving average will be crossed once, then 3 months later, it will crossover again to continue the second leg down.
Chart PatternshousingTechnical IndicatorsrecessionTrend Analysis

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