Appears to be in a rising wedge, RSI appears pretty bullish working it's way back up to the levels of last January in under a month. MACD is ripping upward and may not see resistance until closer to January 30th (give or take a day). Elliot Wave has just turned positive as well as the 50 day SMA. Need more time for confirmation, however I'm bullish on this until it reaches the black line at about 144 which could be a potential resistance reaching back to late January of 2018, most recently you will find this on the H&S/Triple Top between October 17 and December 3.
I don't own this ETF and this is purely from the perspective of a speculator. DYOR.
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