IUSZ, S&P 500 ETF: buy signal in week 9
IUSZ climbs 1.4% but the buy signal loses steam in week 9
IUSZ, S&P 500 ETF: buy signal in week 9
Our view last week
iShares Core S&P 500 UCITS ETF is nine weeks into a buy signal: the week closed up 1.4%, with a daily double bottom and a 3% rebound, but under the surface the picture stays tight — volume contracting, sellers dominant on the last bar, price boxed under highs already tested three times. Signal strength drops to 32 out of 100: weak conviction, technical analysis of a basket still in a precarious balance.
This week's summary
IUSZ technical analysis, weekly update: the ETF tracking the S&P 500 index closed up 1.4%, with a daily double bottom and a 3% intermediate rebound. But underneath the surface the picture stays tense — sellers dominant on the last bar, volume contracting, and price boxed under highs already tested 3 times. The buy signal, now in week 9, is losing strength.
Open BUY
·9th week from start
·EU-UK stocks
·T1
IQS Phase
48
ordinary
Signal Strength
32
medium · weak
Sizing
REDUCED
Ranking
#56 / 61
EU-UK stocks in progress
Trade P&L %
+0.40%
from signal to today
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