Home price momentum fades in the stretch

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On May 31, bearish momentum sent GBP/JPY to trade in a lower multi – day. Looking at the GBP/JPY daily chart we notice the price is heading to test the higher end of the current trading range.

The Chikou-span (closing price plotted 26 periods behind, brown line) is also below prices. The first upside barrier comes in around 1250 and that is followed by 1253.50. The bulls have to push prices above 1253.50 to gain momentum for 1256-1257.70. If this resistance is broken, look for further upside with 1262 and 1265 as targets.

Weely: – Ichimoku is neutral, with price testing Kumo cloud top. – Price is still below the earish trendline, wedge top. – Weekly startegic key zone is clearly 1,0985-1,10. A close above would open space to 1,20. What are the chances for a breakout? – Longer term (within 3-5 months) I believe it will happen -> see Ichimoku structure (Tenkan/Kijun weak bullish cross) providing support for.

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Home price momentum, if it was ever self-driven, is fading on several indices. December home prices marked the second consecutive month of decline, dropping -0.08% after a -0.05% drop for November,

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Star Tribune Recommends.. Dow has small loss as momentum fades.. Go into a local bridal shop, and the average price will stretch into four figures, taking some shoppers by surprise..

Sell Adobe as It Nears a Key High and Momentum Fades.. but investors must recognize that this stock is a trade on technical momentum, not as a value stock. My call is to sell Adobe on strength.

Despite being one of the best teams in baseball for the first four months of 2018, the Mariners were lapped by the Astros and A’s down the stretch. some value. The Phillies also missed the playoffs.