|Retail Stocks Review|
Retail Stocks' overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.
Lots of experts were warning us stocks could decline sharply if the Democrats won the mid-term elections. I'll let the geniuses debate which party won and why. The point is not who cares but rather the computer went double up on retail stocks on 11/2, before the election. Normally, I ignore double up signals, but XRT is Early, the most negative BuST in the Matrix = -0.69 (column AT). Debate all you want, the invisible hand knows better than the talking heads, expect those that follow it. Impulse targets are laid out in columns AX, AY, and AZ. Smart money takes profits when BuS or BuST turn blue or red, targets are reached, or overhead reversals come into play as the impulse ages.
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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.