Hello, I’m top trader JinLog.
In this video I deliver a talk‑show–style commentary, and you can find the full write‑up on my blog.
Reacting to every single news item and overtrading will eat away at both your capital and your time.
The VPAR rhythm trading method captures overall market timing, then zeroes in only on key news and events at major support levels (“Mac Points”).
By blending sector and stock analysis with live index monitoring during broadcasts, you can manage risk while aiming for higher returns.
Summary
SPUS ETF invests in 218 low‑leverage, no‑interest companies within the S&P 500 that comply with Islamic Sharia law.
Since the April 26 algorithm‑trend post, it has held a steady upward box‑range—mirroring NDX and TQQQ—for nearly three months.
After the May 17 post, it maintained its long‑term trend and, following the July 2024 mid‑term breakdown, the Trap 3/3 relief wave suggests a major rally could unfold next year.
Investment Opinion
SPUS has gained 8.25% year‑to‑date, outpacing the S&P 500’s 7.06%, and its one‑year return of 19.06% beats the index.
With a lean expense ratio of 0.45%, it appeals to defensive‑growth investors and long‑term holders alike.
Chart Explanation
Post‑algorithmic‑trend, SPUS traded around $46.42, with short‑term support at $45.90, swing entry at $44.60, and mid‑term entry at $42.80.
Short‑term target: $47. Swing target: $50. Mid‑term target: rhythm not yet measured.
Swing Mac Point: $41.30. Mid‑term Mac Point: $39.70—range trading between these levels is advisable.
Rhythm Analysis
Short‑Term: Trend accelerating and maintained; rhythm rising/maintaining; funds‑flow expanding and stable.
Swing: Trend accelerating/maintained; rhythm weakening/correcting; funds‑flow still expanding.
Mid‑Term: Entering consolidation/formation; rhythm forming; funds‑flow expanding.
Financial Flow
AUM stands at approximately $1.51 billion, making SPUS one of the largest Sharia ETFs, with $688 million net inflows over the past year.
Expense ratio: 0.45%, keeping long‑term holding costs low.
Recent dividend payout: $0.03 per share, demonstrating steady cash flow.
News / Risk / Event
No significant company‑specific news—momentum driven by rising Sharia‑compliant demand and the technology rally.
Ethical ETF excluding finance, tobacco, alcohol, gambling, and defense sectors, serving as a hedge against uncertainty.
Reddit’s r/HalalInvestor community actively debates SPUS’s stability and suitability for halal investing.
Strategy Scenario
Short‑Term: Confirm support at $45.90, then trade the $45.90–47 box range.
Swing: Enter on rebounds at $44.60 targeting $50.
Mid‑Term: If Trap 3/3 relief persists at $42.80, seek major rally entry.
Elliott Wave Analysis
Short‑Term Wave: In Wave 3, with Trap 2/3 relief and rhythm expansion signaling acceleration.
Swing Wave: In Wave 2 corrective phase, but expanding funds‑flow suggests rebound potential.
Mid‑Term Wave: Initiating Wave 3 post‑Trap 3/3 relief, setting up a powerful impulsive trend.
Community Flow
On r/HalalInvestor, 68% of posts in the “Long term reliability of SPUS” thread are bullish, reflecting growing ETF demand.
On Seeking Alpha, SPUS is highlighted as an alternative investment vehicle, often described as “still undervalued.”
Outlook & Risk Summary
SPUS combines ethical finance, strong tech exposure, and low costs for a stable growth profile.
However, tech‑sector concentration and relatively low trading volume may trigger short‑term volatility and liquidity risks.
Deep Report
• Detailed screening criteria and industry exclusion impact analysis
• Growth scenarios based on continued tech rally and AI demand outlook
• In‑depth review of dividend and expense structures
• Comparison with global Sharia ETFs and regulatory risk assessment
Brand Notice
This report is produced using the VPAR rhythm‑analysis methodology, which marries chart rhythms with funds‑flow patterns to pinpoint optimal trading opportunities. All investment decisions are the responsibility of the investor.
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