The Home Construction Index (ITB) has been in a solid “Go” trend since June moving within a rising trend channel, and correcting today to the lower bound. In this edition of the GoNoGo Charts show, Tyler Wood, CMT talks through the tenets of trend — after showing how GoNoGo Charts provides an objective rules-based methodology for buying pullbacks in rising securities based on momentum resurgence.
This video was originally recorded on July 20, 2023. Click this link to watch on YouTube.
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