Not short yet, expecting something to happen in the next ~6 months. Housing could get cheaper soon. Double top pattern has been consistent in the past.
The Philadelphia Stock Exchange (PHLX) Housing Sector Index (HGX) tracks housing development companies in the U.S. construction market. HGX began trading in July 2002 with an initial value of 250. Trading on the Nasdaq, the index calculates its value using the price return index and the total return index.
The Philadelphia Stock Exchange (PHLX) Housing Sector Index (HGX) tracks housing development companies in the U.S. construction market. HGX began trading in July 2002 with an initial value of 250. Trading on the Nasdaq, the index calculates its value using the price return index and the total return index.