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The trade moves forward, but conviction is thinning

Roundhill Magnificent Seven ETF is in week 7 of a buy trade with risk zeroed out. The first statistical reference was reached; the second is due in one week. Conviction is weak, but the profile remains steady.

Magnificent Seven ETF — 7th week of the trade
The trade moves forward, but conviction is thinning
June 05, 2026
Magnificent Seven ETF — 7th week of the trade
In Summary
Roundhill Magnificent Seven ETF is in week 7 of a buy trade with risk already zeroed out: the stop has been moved to breakeven at entry. The first statistical reference of our most advanced model was reached in week 6; the second window opens in one week, suggesting a 20% reduction. Conviction is weak — 47 out of 100 — but the volatility profile is low and the structure holds.
Open BUY ·7th week from start ·US stocks ·T1
IQS Phase
54
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#109 / 161
US stocks in progress
Trade P&L %
+0.09%
from signal to today
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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