Wednesday, October 6, 2021

#RetailStocks Review $XRT

Retail Stocks Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

Retail Stocks' overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

Retail stocks' ProIndex hanging on by its fingernails. Negative divergences, movements in the ProIndex that do no line up with price, can last a long time, but this didn't marginalize their appearance.

Pros are selling. Watch to see if the ProIndex breaks to new relative lows ahead of price. A quick lot in the Co Matrix likely reveals weakness in Amazon ($AMZN).

Retail Stocks ProIndex

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Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.