Retail Stumbles Below SupportThe Retail Sector ETF (NYSEARCA: XRT) just lost its grip on the 50-day moving average, a key short-term support level that often marks the line between healthy pullbacks and trend reversals. This isn’t just a technical trip — it’s a sentiment signal that the American consumer, long the backbone of this market, may be running low on gas.The Retail Sector ETF (XRT) closed decisively below its 50-DMA after multiple failed attempts to hold above it in late September.Momentum ind ...

Last week I wrote a market update that speculated on whether Russell 2000 ETF (NYSEARCA: IWM) had put in a technical pattern called triple tops, or if it will clear the highs of 2021, 2024 and now 2025 and keep screaming higher.A triple top pattern is a bearish technical analysis chart pattern that signals a potential reversal from an uptrend to a downtrend.  It forms when an asset’s price reaches a similar resistance level three times, failing to break higher on each attempt.To confirm, a triple top me ...