Buy signal in its 18th week of management
Vanguard FTSE Emerging Markets climbs 0.6%, but the trend is losing conviction
Our view last week
VWO, Vanguard's emerging-markets ETF, is taking a breather after last week's rebound: the week just closed is down 0.6%, with 71% of volume on the sell side, though money flow keeps strengthening in positive territory. The price is still hugging its recent highs, with three rising daily lows and the ADX still falling: a bullish picture, but with no fresh push — this week's technical analysis calls for patience.
This week's summary
Vanguard FTSE Emerging Markets recovers the 0.6% it lost last week, with 81% of volume back on the buy side and momentum extending its climb to 5 weeks. Underneath, though, conviction stays thin: the ADX has fallen for a 9th straight week, and money flow, solidly positive for 14 weeks, eased after 2 weeks of strengthening. The last weekly bar is indecisive, with a reduced body: the bullish push holds, but without fresh drive.
IQS Phase
55
ordinary
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#141 / 167
US stocks in progress
Trade P&L %
+2.15%
from signal to date, no stop loss
Rank position
ranks 141st among the 167 Longs already running for US stocks in our ranking, with a signal strength of 29 out of 100.
Sector context
SectorETF Broad
Benchmark ETF—
Sector regime
Performanceweekly coming soon · monthly coming soon
VWO belongs to the etf broad sector (reference ETF ).
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