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iShares STOXX Europe 600 Technology: two windows hit, third in sight

BUY at week 6 on European technology: 2 management windows already hit, signal strength at 79 out of 100, price hugging all-time highs. The model suggests trimming, not adding.

In Summary
iShares STOXX Europe 600 Technology is at week 6 of an open BUY with signal strength at 79 out of 100. The model has already logged the first 2 statistical management windows: we are at the stage where the discipline calls for trimming, not adding. Price is hugging all-time highs, leaving limited room to run before the next historical resistance.
Open BUY ·6th week from start ·EU-UK stocks ·T1
IQS Phase
72
in tension
Signal Strength
79
high · convincing signal
Sizing
FULL
Ranking
#15 / 55
EU-UK stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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