hungry_hippo

Retail bubble pop

hungry_hippo Uppdaterad   
AMEX:XRT   SPDR S&P Retail ETF
With the bad news from BBBY the retail bubble finally seems like it's gonna pop. No more stimulus or unemployment supplement.

It's been rangebound for a while now, but with today's drop A/D looks a bit different.... I think it's downhill from here, but I have no idea what the chart will look like so I'm just throwing an extended red arrow out there, lol.
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Chart pattern says short Wed morning on the gap up. It gets a 2 day pump Mon/Tue because it always does if you look at the chart patterns
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