We love San Francisco and understand why this city has such a great reputation. The climate, beauty ans strong job market all help support prices. But still when I see charets like this I have to wonder what's next. In the stock market there is a phrase that defines an asset when its price keeps going up, while less and less people are willing or interested in buying.
Negative Divergence: it simply means a change in the trend from bullish to bearish. When less people play the game or exhibit interest the trend is down. In San Francisco predicting a downturn has been wrong most of the last ten years....still look at these charts.
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