The fund has been consolidating since mid-may, but now it broke out of a short-term resistance. I would wait for 1 more sign before getting in, like a close above 166 with good for instance. Also interesting to note is that it re-entered an ultra long-term trading range from the weekly chart. If this new support line doesn't hold expect the bulls to swoop in quickly for the kill. Notice the sharp decline of the the lower support line (pink). Happy trading.