Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / RXI - Relative Support For Consumer Discretionary Stocks


RXI - Relative Support For Consumer Discretionary Stocks

  • US Consumer Discretionaries have fallen back to old support relative to Staples.
  • A broader picture also shows a correction to a prior congestion zone for *global* Consumer Discretionary stocks.
  • While a bearish downtrend remains intact, traders should monitor these intermarket trends for the potential of a relief rally in risk assets.
  • Indeed, whether or not we are truly in a bear market now, you can still see very significant short-sharp rallies (particularly when sentiment is extreme).

For further details see:

Relative Support For Consumer Discretionary Stocks
Stock Information

Company Name: iShares Global Consumer Discretionary
Stock Symbol: RXI
Market: NYSE

Menu

RXI RXI Quote RXI Short RXI News RXI Articles RXI Message Board
Get RXI Alerts

News, Short Squeeze, Breakout and More Instantly...