SCHB, week 15: residual capital up 8.88%
SCHB slips 0.7% as the uptrend gets boxed between a tight resistance and support
SCHB, week 15: residual capital up 8.88%
Our view last week
The buy-sell balance on SCHB, the ETF tracking the broad US stock market, has flipped in a week: after 96% buy volume seven days ago, 79% of this week's trading was on the sell side and price gave back 1.5%, rejected once again from the recent highs. RSI and momentum keep cooling for a third straight week, and money flow, though still positive, is thinning week by week. The trade still holds a gain above 9%.
This week's summary
SCHB, the broad US stock market ETF, slipped 0.7% this week as sellers took over the latest session, following weeks of fading buyer dominance. This SCHB technical analysis shows the trend still holding higher, though price is boxed tight against the highs, squeezed between a nearby resistance and support. The trade is up 8.88%.
IQS Phase
45
ordinary
Signal Strength
38
medium · weak
Sizing
REDUCED
Ranking
#88 / 124
US stocks in progress
Trade P&L %
+8.88%
from signal to today
Rank position
ranks 88th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 38 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
SCHB belongs to the etf broad sector (reference ETF ).
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