Home Construction iShares Battles to Hold the Gap
The Home Construction iShares (ITB) broke out with a gap in mid July and this breakout is still holding. The ETF pulled back into the gap zone, but never completely filled the gap to negate the breakout. The indicator window shows RSI moving into the 50-60 zone and stalling. A break above 60 would be bullish for momentum. Wednesday could be the moment-of-truth because RYL and MTH report tomorrow.

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