iShares IT UCITS: trade up 16.7%, but the model urges caution

Seven weeks into a buy signal on the iShares S&P 500 Information Technology Sector UCITS ETF, the trade is up 16.7% from entry. The model has already hit all 3 statistical price references, but the latest week — despite closing bullish — carries technical weakness signals that our system reads as a reason to reduce exposure, not to add.