iShares Global Materials ETF V.MXI

Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.

ARCA:MXI - Post by User

iShares Global Materials ETF > Volume

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Comment by wilwalon Apr 26, 2016 3:57pm

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Post# 24812048

RE:RE:RE:Volume

rocman01, the share price has penetrated the upper Bollinger Band twice in the last week so there is a natural resistance to the rise there anyway. It is effectively rising as fast as it can under normal trading patterns. The current upper band has moved up to .24 so we may see .24 being taken out in the next day or two all things being well.

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