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MarcoOlevano

#XRT - Retailers ETF consolidating for a breakout?

Long
SPDR S&P Retail ETF (AMEX:XRT)  
MarcoOlevano  
AMEX:XRT   SPDR S&P Retail ETF
Chart Patterns XRT retail
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chartpattern xrt retail
Keep an eye on Retailers in the US. Fundamentally it doesn't feel right but technically its telling a different story. Nice consolidation off the 200 weekly ma since may Last year. Level is clear here. A convincing weekly break above $66.50 should see this move higher to at least a target of $77.50
"If you do what you love, you'll never work a day in your life" - Marc Anthony
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