IWV: a pause after three weeks of gains
IWV slips 1.4%, breaking a three-week run higher as the trend holds firm
Our view last week
IWV, the ETF tracking the entire US stock market (Russell 3000), keeps hugging its all-time highs, less than 1% off the record. This week money flow turned up sharply and momentum accelerated, though buying volume cooled a touch from the previous two weeks and the weekly RSI, at 69, is edging toward overbought. The trade is up 14.43% since entry.
This week's summary
IWV, the ETF tracking the entire US stock market (Russell 3000), closed the week down 1.4%, its first pullback after three straight weeks of gains. Buyers still hold the upper hand overall, but sellers took over on the last bar and buying volume cooled off: an early sign of fatigue inside a trend that otherwise remains bullish. The trade has been open for 19 weeks and is up 12.9% since entry.
IQS Phase
58
ordinary
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#137 / 167
US stocks in progress
Trade P&L %
+12.87%
from signal to date, no stop loss
Rank position
ranks 137th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 29 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 ).
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