FIW (FT ISE Water Index Fund): Bounce expected.
Pivot: 21.60
Our forecast: a rebound towards 23.30 is expected.
Comment: the index is reversing up from the 21.60 key support area while the daily MACD is pushing above its signal line. Also, the daily RSI is losing downward momentum.
To leverage our Trend Opinion on the FT ISE Water Index Fund rate we selected the following strategy.
Buy at last price - FIW - FT ISE Water Index Fund
No comments:
Post a Comment