ETF but can still ARC
Most Arcs land between to 79% and 62% mark.
Some fall less, some fall more.
This is a weekly chart. ARCs are easier to see on monthly and weekly charts.
Too much green can cause a lot of red on the way down. Unfortunately, nothing goes up forever. A steep green rise is often unsustainable.
Trying to trade an arc of the way down is not an easy task as it will be volatile as a rule. I would think an ETF may be a smidgeon easier to trade than an ARC security though. But this is one of the few ETF ARCs I have seen.
No recommendation
Most Arcs land between to 79% and 62% mark.
Some fall less, some fall more.
This is a weekly chart. ARCs are easier to see on monthly and weekly charts.
Too much green can cause a lot of red on the way down. Unfortunately, nothing goes up forever. A steep green rise is often unsustainable.
Trying to trade an arc of the way down is not an easy task as it will be volatile as a rule. I would think an ETF may be a smidgeon easier to trade than an ARC security though. But this is one of the few ETF ARCs I have seen.
No recommendation