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$JSESYGWD Sygnia Itrix MSCI World Index ETF - Consolidation

SYGNIA ITRIX MSCI WORLD (JSE:SYGWD)  
KoosKanmar  
JSE:SYGWD   SYGNIA ITRIX MSCI WORLD
Chart Patterns ETF
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chartpattern etf
Quite a few ETF's have entered a period of consolidation after a period of expansion. The Sygnia Itrix MSCI World Index ETF is one of those. After periods of expansion, comes periods of consolidation. Periods of consolidation can be followed by either a period of contraction or further expansion. Very difficult to tell how long this period of consolidation will last. This can create shorter term uncertainty. Longer term investors should just ignore these periods of consolidations and stick to their longer term views.
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