In the short term, there's heavy resistance to this etf rising due to lockdowns ending and subsidized travel expenses in the US (tax credits), so it's consolidating & will likely retrace down to the fib trend extension level $58.74, and later on maybe lower to the low 50s.
Technicals are mostly negative also. Price trend looks to be in a downwards diagonal channel and it's currently below the 200 day sma.
Technicals are mostly negative also. Price trend looks to be in a downwards diagonal channel and it's currently below the 200 day sma.