EN IT

iShares S&P 100 ETF: two targets hit, third window still open

At week 6 the first 2 statistical windows are already hit. Signal strength at 29 out of 100 is fading, price is hugging all-time highs with distribution underway. The framework calls for management, not reinforcement.

In Summary
iShares S&P 100 ETF is at week 6 of an open buy with the first 2 statistical windows already reached. Signal strength has dropped to 29 out of 100 and is fading: the trade is advanced, the stop is at breakeven and risk is zeroed out. Price is hugging all-time highs with distribution underway: managing the existing position takes priority over adding exposure.
Open BUY ·6th week from start ·US stocks ·T1
IQS Phase
70
in tension
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#155 / 170
US stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
The full analysis, operating plan and detailed levels on this asset are reserved for clients ★ PLATINUM
restricted Platinum content
Share WhatsApp Telegram Gmail LinkedIn