[isatrader]

A reemerging theme that I'm going to do some work on over Christmas is the Home Builders sector ($DJUSHB), which I think is at a crucial point on the monthly chart recovering above the 10 month MA from it's first significant pullback in the monthly Stage 2 run that made it a leading sector through 2012. The weekly is back into Stage 1 with lots of stocks attempting early breakouts http://stockcharts.com/freecharts/sector...TOR_DJUSHB so I think it's a theme that's worth researching again as the housing recovery has a long way to go yet imo.

I highlighted that the homebuilders were recovering back in December, and today DHI made a fresh Stage 2A breakout 10 months or so since it's previous Stage 2 climax. Relative performance versus the S&P 500 continues to improve and is close to a zero line cross, although the zero line is still declining currently, and volume is just under the weekly average after two days, so is on target to meet the two times requirement that we look for currently. And the monthly chart looks like it could close a second month back above the 10 month MA. Attached is the charts.