IUSZ, S&P 500 ETF: buy signal in week 9, showing fatigue
IUSZ climbs 1.4% but sellers dominate the last session
IUSZ, S&P 500 ETF: buy signal in week 9, showing fatigue
Our view last week
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.
This week's summary
A daily double bottom and a 3% rebound carry IUSZ to a 1.4% weekly gain, but under the surface sellers dominate the last bar and volume keeps contracting. In IUSZ's technical analysis the picture stays tense: price is boxed under highs already tested three times, and the buy signal, now in week 9, is losing strength - down to 32 out of 100.
Open BUY
·9th week from start
·EU-UK stocks
·T1
IQS Phase
48
ordinary
Signal Strength
32
medium · weak
Sizing
REDUCED
Ranking
#56 / 59
EU-UK stocks in progress
Trade P&L %
+0.40%
from signal to today
Rank position
ranks 56th among the 59 Longs already running for European-UK stocks in our ranking, with a signal strength of 32 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
IUSZ belongs to the etf broad sector (reference ETF ).
restricted Platinum content