CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

Chart

[BayWall]

I don't know what to say. New 3 year low.

On the chart it seems like a collapse with large confirming volume. I have not included the chart indicators which (I believe) are still positive. The jury is still out, but I hear them coming back.

https://stockcharts.com/h-sc/ui?s=FUT.V&p=W&yr=3&mn=0&dy=0&id=p35344760386

[monies444]

Baywall, a chart isn't relevant for a stock falling and trading at a half a penny.  Tens of millions of shares have been dumped the last few months, with ten million dumped at half a penny yesterday.  This has nothing to do with technical analysis, something is going on with the company.  Wait for the consolidation and massive dilution, then it is time to buy and look for share

[BayWall]

A chart only reflects the past. Even good looking indicators were helped by hype back in May 2011. Those large trading volumes back then, made the OBV and other indicators look good. Since then, there wasn't a massive sell-off volume-wise, but this is not to say the 30 million shares traded in the past 3 weeks was without significance. There's always a reason