During trading today, the S&P 500 dropped 0.6%, and the Retail sector (XRT) showed little change.

The ETF is exceeding its 50-day moving average by 0.1% and its 200-day moving average by 8.6%. The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Entering today's trading, XRT was up 0.3% over the last seven trading days while the S&P 500 climbed -0.8%.