07 Dec

Materials Sector WOOD & Homebuilders Sector ETF XHB – Video Analysis

December 7, 2021

WOOD & XHB ETF trader tip: Using the charts, Chris Vermeulen at The Technical Traders goes over the Materials ETF WOOD and the Homebuilders ETF XHB. WOOD has had a very strong run from the covid lows and has been flagging sideways for a good chunk of this year, really forming what looks to be a big basing formation.

XHB has been performing exceptionally well over the last month and a half. It had a fairly minor pullback and started to reverse back up to the recent highs. Based on the charts, we have a potential for about a 14% rally, if the stock market can find a bottom and start to rally and continue to extend into the end of the year.

TO LEARN MORE ABOUT WOOD & XHB ETF – WATCH THE VIDEO

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Materials Sector WOOD & Homebuilders Sector ETF XHB – Video Analysis

TO LEARN MORE ABOUT WOOD & XHB ETF – WATCH THE VIDEO

TO EXPLORE THE DIFFERENT TRADING STRATEGIES CHRIS OFFERS, PLEASE VISIT US AT THE TECHNICAL TRADERS. YOU’VE GOT MORE TO GAIN THAN TO LOSE WHEN SEEKING INFORMATION!