Global X ETF is just taking a breather from its recent run up. All pretty healthy IMO.
Have been expecting a retrace toward the new uptrend line and then for that to act as new support.
I don't expect it to keep running up that LT as I think we'll see some profit taking and range trading for a while before demand really kicks in - then we'll see a huge surge north.
Signs are still positive. Be great time to kick off Stage 2 then get Stage 3 plans ready to meet the surge north with the wind in our sails.
GLOBAL X LIT ETF FUND TOTAL, page-140
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