Support 1: 35.68                     Resistance 1: 39.52

FITE ETF is currently in a ranging mode and based on the technicals, the ETF has the potential to have a short term bullish rally towards the upper bound of the range. The strong bullish pin bar/doji pattern has closed above the 78.6% of the retracement of the total range box. Also, the ETF has formed a potential double bottom.

The Relative strength index has shown that the ETF is currently oversold. The most comforting indication is that the ETF has entered into a bullish divergence.

SPDR S&P Kensho Future Security ETF- tracks an index of US stocks supporting technological innovations in future military and security applications.

CHART LEGENDS

Red dotted line = 200 periods moving average

Blue dotted line = 50 periods moving average

Green dotted line = 22 periods moving average