As the recovery from the 2018 correction continues, we evaluate price action through visual charts to determine what moves are likely in the coming days. As it stands, we remain in a corrective state until we see a breach of new highs to comfortably say the upward trend continues. Looking at the chart above, we…...
As reported yesterday by the Commerce Department, February retail sales fell month-over-month and for a 3rd consecutive month. It’s important to discern the decline was MoM and not year-over-year as total retail sales continue to grow in the United States. The Commerce Department reported that retail sales slipped 0.1% last month with economists forecasting growth…
