DLTR is one of the many short setups that i found while going thru all the retail stocks the other night. i held off posting it since prices had some work to do to get back down to the break point but today we had a nice gap down and huge spike which looks more like an erroneous trade a la KCG programmed trading glitch style. ignore that huge candlestick tail since that was due to the brief erroneous trade at the open but DLTR now sits right on the key 200 day ema and just a hair below the well defined multi-year uptrend line. a break below both the 200ema and uptrend line will trigger a short entry. first chart is the 2-day that i made the night before the fudged retail sales numbers were released, followed by today’s 2-day and then the weekly chart: