$FFTY – Innovator IBD 50 ETF (Weekly)
The weekly worth motion has surpassed the 50-week MA degree this week, which had not been achieved since June 2020. Furthermore, there have been situations of notable will increase in buying and selling quantity, indicating potential bottoming course of. There’s a important support-turned-resistance degree at $26 that must be cleared. On the similar time, the 50-week MA is present process a transition from a declining sample to a extra flattened trajectory.
Comparable growth can be noticed in excessive beta $ARKK and $IPO ETF
Thanks for studying.
PS: In case you benefit from the above curated article, it’s possible you’ll observe me on twitter (@jfsrevg) to get every day market diary, buying and selling concepts and intermittent reflection on life as a dealer.
$FFTY – Innovator IBD 50 ETF (Weekly)
The weekly worth motion has surpassed the 50-week MA degree this week, which had not been achieved since June 2020. Furthermore, there have been situations of notable will increase in buying and selling quantity, indicating potential bottoming course of.
There’s… pic.twitter.com/BdLCwjcilz
— Jeff Solar, CFTe (@jfsrevg) June 16, 2023
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