Retail Sector ETF : Heads & Shoulder ??

in retail •  7 years ago 

Screen Shot 2017-05-17 at 10.11.34 AM.png

The Retail Sector (XRT ETF) seems to be forming a Heads & Shoulder Pattern on a 5year chart. Needs to see if the pattern completes and price follows lower. There seems to be a lot more pain coming for the Retail sector. We have already seen many shopping malls closing and many retailers filing for chapter 11.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!