VMC: Correction pending?
Updated
VMC Looks like the housing is going higher as FED paused.
But this will increase the inflation, causing the FED to go hard on Rates and housing has to correct.
Let's see how this one is going to unfold.
New home sales is going crazy high. FED has to cause a raise in unemployment to see housing cool down.
Note
Amazing resistance coming to play.215 and 184 should be next targets downside.
Note
215 done.
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