SPDR S&P RETAIL ETF

Retail ($XRT) Weekly: After breaking below a long term trendline support back in late 2016, Retail ETF $XRT has been in a ABC corrective Elliot Wave pattern. We see that in the very near term, it will look for support in the $38 area, which was the low and end of wave (A) as shown in the weekly chart below, moved up to the 0.786 fib level before starting it’s ...

I am very bearish on the United States economy. Retail data has been sliding lower and I expect that to get worse before ti gets better. Plus, on aggregate, one company seems to be taking all the business away from the rest. The others will collectively drag down the industry as more and more consumers switch to online shopping. I am bearish on XRT and going ...

"Alexa, buy me some groceries"...

Needs to be serious action unleashed in this entire space. Nothing but a Dewey Whackem, & Howe sector ...

Looking pretty beaten up... one more rally before the sell off?

Us retail sector have been making a top (Head and shoulders pattern) from 2013, we are close to see the outcome.

retail is in a whole lot of trouble. Rejection of the 200 SMA weekly all but assured for now.

The SPDR fund tracking S&P Retail has been trending up for years. Lately the industry and fund have been on some rocky footing. Currently the fund is at a potential key support level with value to the upside. The projected future movements are highlighted below based on technical indicators. When we take a look at other technical indicators, the relative strength ...

High probability trade on XRT with no risk to the upside. Max profit at $41 our break even at $39.85. The trade: Sold Two (-2) 41 Puts for every one (-1) 42 Put for a credit of $0.15 (per contract).

I always look to have a trades on the most liquid ETF's and I just closed a Straddle on XRT so is time to redeploy with 45 days to expiration. IV rank is at 37. Sold the 40/43 Strangle on XRT for $1.02 per contract (30 Delta). 61% probability of profit Credit = $1.02 My break evens are below 38.98 and above 44.02 Will look to close at 50% of the credit ...

ENTER 41.60 STOP 42.87 TARGET 36.18

XRT testing the prior breakdown on the hourly. Upside target 42.29 if overtaken.

Accumulating shares for a double bottom bounce on the XRT

Retailers look very vulnerable High chance for a bear move Next targets today - 03.05.17 : around 38.5 07.08.17 - 15.11.17 :33.4 - 36.2

I like this channel but I doubt there are chances for another leg into this range top. Thou technically it looks perfect

This position is part of the roll I did in part of my smaller XRT Iron Fly. I closed out that position and established this one because we were winding down to expiration (about 2 weeks left) and I needed to do something with it. Off to a negative start for the year in Retail, but not too worried, nonetheless. Trade Setup: -1 XRT Apr 21 41/42 Short Put Spread @ ...

Back to the well in XRT - improving some breakevens on my straddle and adding some more theta. Trade Setup: -2 XRT Apr 21 39/42/45/48 Iron Condor @ $0.96 DTE: 49 Max Win: $192 Max Loss: $408 Breakevens: 41.04 & 45.96 Trade Management: 50% profit or $96. I'll likely roll the untested side if we get movement. Content with taking a full loser as well with this ...

XRT is still about the only ETF with nice premium out there. I went with a synthetic straddle in this case, similar to the smaller Iron Flies I did in the other accounts. Trade Setup: - 1 XRT Apr 21 38/44/44/50 Iron Fly (Synthetic Straddle) @ $2.40 DTE: 53 Max Win: $240 Max Loss: $360 Breakevens: 41.60 & 46.40 Trade Management: I will look to take around 25% ...