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Monday, December 5, 2011

RTH Retail Weekly Chart Negative Divergence

Beautiful negative divergence on weekly and daily RTH charts again.  Keystone took the ride over the previous two-week down period, and here we are again.  Retail typically tops early December on a seasonalilty basis which favors bears from a macro view. Nice area for short entries now or for entering the inverse ETF's for retail. The sled is loading up for another fun toboggan ride down the hill. Lower prices projected moving forward. The Black Friday and Cyber Monday hype long forgotten. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

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