Global ETF, buyers retake control
Vanguard Total World Stock ETF gains 0.9% as buyers retake control
Global ETF, buyers retake control
Our view last week
Vanguard Total World Stock ETF is in week 12 of a buy signal with the model's coverage now complete: all 3 targets of our most advanced model have been hit and the stop now follows the Inversion Point, with the trade at +7.72% since entry. On the technical side, momentum over the past few weeks has faded compared with June, even though the week just closed came back positive.
This week's summary
Vanguard Total World Stock ETF's rebound keeps going: buyers took firm control again this week, with 89% of volume on the buy side, after a stumble two weeks ago when sellers ran the tape. Price is boxed between the 7-day high, area 158, and the daily pivot average, area 157, while a clean double bottom in the 152 area holds as the floor. The trade is now up 8.73% since entry, even as the pace of the climb slows.
IQS Phase
66
in tension
Signal Strength
35
medium · weak
Sizing
REDUCED
Ranking
#95 / 129
US stocks in progress
Trade P&L %
+8.73%
from signal to today
restricted Platinum content