Popular - Today: XRT_Daily_May202015.jpg

XRT_Daily_May202015.jpg

Retail sector showing signs of topping. 

The main ETF XRT: 

1. Broke beneath its top trading range on the daily, and has since failed to hold trade back above prior support at 99.31. 

2. XRT's all-time high came at top of long term channel off Oct. 2011 low. 

Should we see continuation lower, the next support range is 97.10-96.50.

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