Retailers (RTH) At Important Cusp

Here are the top 10 holdings of the Retail Holders Trust ETF (RTH).

 

Wal-Mart Stores, Inc. Common StWMT17.76
Home Depot, Inc. (The) Common SHD13.44
Amazon.com, Inc.AMZN12.69
Walgreen Co. Common StockWAG7.23
Target Corporation Common StockTGT6.97
Lowe's Companies, Inc. Common SLOW6.65
Costco Wholesale CorporationCOST5.78
TJX Companies, Inc. (The) CommoTJX4.79
CVS Caremark Corporation CommonCVS4.57
CVS Caremark Corporation CommonCVS4.57

Now, note key support (former resistance) area of the RTH at the moment: horizontal support and at the 50 sma (yellow line).  Many of the stocks in the above list have a similar pattern.   

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