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Vanguard Energy ETF: double bottom and active signal, but momentum stalls

Buy signal in week 1 on VDE, with a double bottom recognised as a reversal pattern. Signal strength is medium-weak and the confirmation week closed bearish: the picture calls for caution, not reinforcement.

In Summary
Buy signal in week 1 on the Vanguard Energy ETF, built on a double bottom in the 152 / 157 area. Signal strength is at 47 out of 100 — medium-weak — and the confirmation week closed bearish. The structure is constructive, but execution calls for patience.
Open BUY ·1st week from start ·US stocks ·T1
IQS Phase
50
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#126 / 170
US stocks in progress
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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