XIU: Bias is likely to remain bullish toward end of this quarter

Long

ISHARES S&P/TSX 60 INDEX ETF UNIT (TSX:XIU)

TSX:XIU ISHARES S&P/TSX 60 INDEX ETF UNIT

After almost 17% decline from the top, XIU bottomed out around 28. The most probable scenario would be a continuation of ongoing sentiment toward 32 and 33.4.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.