XHB 2hr - SPDR S&P Homebuilders ETF - Chart Linkhere's an update on XHB, homebuilders ETF that I've been long, remember I pointed out that bullish symmetry break in late February

I'm showing this as an educational because this is a behavior I see sometimes on bullish symmetry breaks. One thing I've noticed is that if you get a slight symmetry break like you have here i.e. 5.7 point bounce vs the previous largest 5.2 bounce, that's only a slightly break, many times instead of a good higher low, you get almost a double bottom retest like you see here. Technically forms a very slight higher low.   

When you get a much stronger bullish symmetry break; for example let's set the bounce off the lows was 8 points instead of simply 5.7, then more than likely you would NOT get a double bottom, but a much higher higher low.

anyway I'm adding this to the educational channel for future reference.

otherwise XHB continues to look good, nice bottom there, looks higher over time still