Retail is breaking down

What is breaking today?

The consumer is.

We take the Retail Holders ETF (ticker: RTH). On the point and figure chart this ETF breaks through a quadruple bottom.

And also on the renko's the break is clear.

The chart of the 60-minutes renko is showing the way and broke already down

But also the daily chart is now following.

Yes, the consumer is giving up. Green shoots become yellow weed if not watered.

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