EMACCap

Short XRT Target 37

Short
AMEX:XRT   SPDR S&P Retail ETF
Retail earnings will be coming in next week and there will be a lot of bad news that will push the market down. In the options market there are 4x the put volume contract on the XRT. The MACD has already turned over to the down side and you have a clear double top formed all bearish sign for this ETF. Target is the 37 dollar support level
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