MarcoOlevano

#XRT - Retailers ETF consolidating for a breakout?

Long
AMEX:XRT   SPDR S&P Retail ETF
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

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