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Charts point to trouble for retail space amid busy week for earnings
It could be a make-or-break moment for the retail space as a busy slate of names highlights this week's major earnings reports. The XRT retail ETF that tracks the space has underperformed the broader market this year, and one technician says the trend will continue. "What you see is a well-defined downtrend," Worth said of the XRT's performance over the past year.
https://finance.yahoo.com/m/87f54b7...d5/charts-point-to-trouble-for.html?.tsrc=rss
It could be a make-or-break moment for the retail space as a busy slate of names highlights this week's major earnings reports. The XRT retail ETF that tracks the space has underperformed the broader market this year, and one technician says the trend will continue. "What you see is a well-defined downtrend," Worth said of the XRT's performance over the past year.
https://finance.yahoo.com/m/87f54b7...d5/charts-point-to-trouble-for.html?.tsrc=rss
