The ETF has shifted below it's prior demand-supply zone with the price trending toward it's 50-61.8% Fibonacci retracement zone. The 61.8% is also just above the previous breakout level seen on 20 July.
7-day Regime = Very Weak, Approaching 'Near Oversold'
14-day Regime = Weak
7-day Regime = Very Weak, Approaching 'Near Oversold'
14-day Regime = Weak
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.