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CathartesCapital

HGX (HOUSING INDEX) 1W

PHLX Housing Sector (TVC:HGX)  
CathartesCapital  
TVC:HGX   PHLX Housing Sector
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
HGX looks to be near the top of a wave 3 of 5, within a wave 5 overall. Expecting significant pullback in the housing market to start within the next year or two. This should be a wave 2 so we will not break the lows of 2009.
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