VFH, week 13: the rally regains momentum
Vanguard Financials ETF gains 1.1%, back near its record highs
VFH, week 13: the rally regains momentum
Our view last week
Vanguard Financials ETF nearly stalled this week (+0.2%), with an indecisive last bar following last week's 3.6% surge — a pause to catch its breath after the push. Beneath the surface the ADX keeps climbing and money flow stays firmly positive: the trend is gaining conviction while the financial sector stays in a strength phase. The trade is in its 12th week, up 5.75%.
This week's summary
Vanguard Financials ETF, the fund tracking the US financial sector, has been under management for 13 weeks, with the trade now worth a 6.91% gain. The week added 1.1%, accelerating after last week's pause: the ADX keeps climbing and money flow keeps building, while the price works right up against its all-time highs, boxed between a resistance and a support just a step away. On the daily chart three higher lows in a row confirm the picture.
IQS Phase
70
in tension
Signal Strength
8
low · fading
Sizing
MINIMUM
Ranking
#112 / 112
US stocks in progress
Trade P&L %
+6.91%
from signal to today
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