There are some interesting things going on in the charts of some key vehicles tracked by Rick’s Picks. T-Bonds and TLT have both had horrific corrections but are approaching Hidden Pivot supports that could turn the tide. If the supports fail, however, it will be a long drop to the next. Could this be related to the homebuilder stocks and REITs that I panned last week during an impromptu technical analysis session? (Click here to view this timely video.) The shares of D.R. Horton, for one, appear poised at the edge of a cliff.
