International ex-US equity ETF
IXUS Nearly Flat (+0.1%): Double Bottom Near 93 as Sellers Push Back
International ex-US equity ETF
Our view last week
In this week's technical analysis, IXUS - the ETF tracking international stocks outside the US - loses ground again: it drops 2.3% after last week's bounce, with sellers back in control (66% of volume) and momentum turning negative for the first time in a month. Money flow, still positive, has nearly flatlined, while the ADX keeps falling for weeks running: the trend is losing conviction. Price stays boxed in a tight band under the 94.4 area, with the trade still in profit since entry.
This week's summary
IXUS closes a nearly flat week (+0.1%), but under the surface sellers stay in control, now 72% of volume versus 66% seven days ago. Last week's bounce has stalled: price still carved out a double bottom in the 93 area, with a 4% intermediate rebound, and remains boxed between the nearest support and resistance, just above and below that area. The trade is still up around 2% since entry.
IQS Phase
45
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#69 / 124
US stocks in progress
Trade P&L %
+2.04%
from signal to today
Rank position
ranks 69th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
IXUS belongs to the etf broad sector (reference ETF ).
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