649bruno
Short

XRT: Retail Shares Tired, Is A Sale Coming?

AMEX:XRT   SPDR S&P RETAIL ETF
11 0 4
XRT-the retail stocks, have had a nice run from being oversold.
By my measures it is time to lighten up.
XRT-is at a Fibonacci . 618 retracement , and there is a lot of over-head supply at about $46.50.
The phase energy is positive (lower indicator on top), but sagging.
RSI / Stochastic (top indicator) is over-bought, and likely to roll over (to the down side) soon.
The Ichimoku Cloud is drifting lower vs its level in May. This indicates a loss in upward momentum.
My opinion:
At best this is dead money. More likely, a decline will start soon.

Good luck to you. Don.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out