Housing Index At 50 day

One of the weakest groups today were the homebuilding stocks. The Housing Index is testing it's 50 day moving average and is also at a minor support level. I think the housing stocks are going to move lower. In fact some homebuilding stocks have already broken their 50 day moving averages such as CTX, LEN, TOL, BZH. I might be looking to short them in the near future but I first would like to see more weakness in the overall market. As long as the dow and s&p remain above their 50 day average, I will not get any more aggressive on the short side. Right now I have small position in QQQQ short and I am waiting to add if things continue to line up.