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Retail Stocks- Head & Shoulders patterns in play? Bullish or Bearish?
Monday, June 13, 2016 0:09
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Is the price action of retail stocks meaningful to the broad markets? Does it tell us anything about the condition of the consumer in the states? Above looks at retail ETF XRT on a weekly basis.
The upper left chart reflects the potential that a bullish inverse head & shoulders …
Source: http://blog.kimblechartingsolutions.com/2016/05/retail-stocks-head-shoulders-patterns-in-play-bullish-or-bearish/
