Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 12/15/2021, 2 days ago, when the stock price was 19.7500. Since then FAZ has risen by +3.14%.
Market Outlook
The bears still have the upper hand in the market but with a dose of skepticism about their strength. The share price is above the confirmation level. However, the signal is suggesting to STAY IN CASH and the stop loss is not triggered. You may wait on the sidelines, or consider other securities for a bullish bet.