a big drop may be underway in the marketTaking a look at the RSI we can see a bearish divergence showing signs of a reversal. However if this is not the point of reversal, it may happen in the near future when the 5th wave is completed. We will see a drop on the 5th wave to point A then another drop from point B to C to complete a larger
Key stats
About GLOBAL X S&P 500 INDEX CORPORATE CL SHS ETF
Home page
Inception date
Nov 30, 2010
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund invests in equity securities of companies substantially in the same proportion as its underlying index, which measures the performance of 500 of the largest companies (in market capitalization) in leading industries of the US economy. Constituents are selected at the discretion of the index committee and weighted by float-adjusted market capitalization.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash63.12%
Miscellaneous36.88%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.