Russell 3000 ETF · Sell signal in observation
IWV slips 0.1%: the short-term low is reclaimed and the Sell signal stays out of steam
Our view last week
IWV, the ETF on the whole US stock market (Russell 3000), closed the week up 1.1%, snapping two weeks of losses, with buyers in control for 4 weeks and money flow positive for 20. The Sell signal that fired seven days ago has lost almost all its push: strength drops from 34 to 3 out of 100. IWV technical analysis shows price a step from its highs and above the Ichimoku cloud: for swing trading, opening a short here remains high-risk.
This week's summary
IWV, the ETF tracking the whole US stock market (Russell 3000), printed a new 7-day low this week without confirming it on the close, and finished down 0.1%. The Sell signal is all but spent: strength sits at 2 out of 100, after 3 a week ago, and the ADX has been falling for 5 weeks. IWV technical analysis shows price under 2% below its all-time high and above the Ichimoku cloud: for swing trading the price action is indecisive, and opening a short on this basket of US stocks stays high-risk.
IQS Phase
69
in tension
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#163 / 175
US stocks sell signals
Trade P&L %
-0.99%
from signal to date, no stop loss
Russell 3000 (IWV) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 163rd among the 175 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
IWV belongs to the etf broad sector (reference ETF ).
restricted Platinum content