SPX has broken cycle support and will trigger a trend mode move if it fails to rally over that support move. This is a VERY important development as a trend move from these levels could look like the similar trigger shown in September 2008 on this chart if it were to occur.
Real Estate Newsletter Articles this Week: Mortgage Delinquencies Increase,
Foreclosures Remain Low
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Decrease...
3 hours ago