IUSZ: week 9, signal strength cooling to 32
IUSZ bounces 1.4% as sellers dominate: buy signal reaches week 9
IUSZ: week 9, signal strength cooling to 32
Our view last week
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.
This week's summary
IUSZ bounces 3% off its 20-day average and closes the week up 1.4%, but under the surface sellers dominate the last bar and volume keeps contracting: distribution is still underway. In IUSZ's technical analysis — the S&P 500 UCITS ETF — the buy signal is now in week 9, with strength down to 32 out of 100, while price sits within a whisker of highs already tested three times.
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 date, no stop loss
Rank position
ranks 56th among the 61 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 ).
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