SPTM, the broad US stock market ETF
SPTM Falls 1.4% After a Three-Week Rally, Still Within a Hair of Record Highs
Our view last week
SPTM, the broad US stock market ETF tracking the S&P Composite 1500, closes the week up 0.4% and stays within a hair of its record highs. Buyers remain in control — 72% of the volume on the buy side — though down from 88% a week ago. The weekly MACD stays above its Signal line and money flow keeps climbing: the technical picture holds. The trade is running at +14.2% since entry, weekly technical analysis updated every week.
This week's summary
This week SPTM broke a three-week winning streak with a 1.4% pullback, and sellers took control of volume — 75% of trading on the sell side, after three weeks with buyers in charge. The price is still within a hair of its record high, just 1.77% below it, tested three times over the past ten weeks without breaking through. The trade has been open for 19 weeks and sits more than 10% in the money.
IQS Phase
56
ordinary
Signal Strength
33
medium · weak
Sizing
REDUCED
Ranking
#117 / 167
US stocks in progress
Trade P&L %
+12.55%
from signal to date, no stop loss
Rank position
ranks 117th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 33 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
SPTM belongs to the etf broad sector (reference ETF ).
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