HGX weekly - a small breakout - 4/22/2016

PHLX Housing SectorNASDAQ

Description

⋅ Apr 22, 2016 11:58 PM

As speculated back in January, housing index rebounded strongly and now it closed above the red resistance line this week. It is very close to the blue resistance line, RSI is also close to the upper resistance channel.

HGX