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Thursday, 03/29/2012 11:00:03 AM

Thursday, March 29, 2012 11:00:03 AM

Post# of 784
Retail Stocks Feel The Heat


The leading retail sector has been surprisingly strong despite the high price of gasoline in the United States. The Market Vectors Retail ETF (NYSEARCA:RTH) is finally declining this morning. The important and highly followed RTH is trading lower by 0.34 cents to $41.74 a share. Short term traders should watch for intra-day support around the $41.40, and $40.75 levels. The daily chart of the RTH remains in an uptrend as price is still trading above the 50, and 200 moving averages. ...Continue reading here: http://bit.ly/HrO5Se

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