CLICK ON CHART TO ENLARGE Emerging Markets/BRIC ETF’s continue to create a series of lower highs and of late are acting pretty tired (reflecting relative weaknesss) compared to the broad markets in the states. Keep eye on Emerging Markets to see if they turn into “Falling BRIC’s” and impact the broad markets/S&P 500!
I am honored that one third of this blogs viewers come from outside of the United States. Of late I have received numerous email requests from the international viewers, to update the look of the Emerging markets. See below… CLICK ON CHART TO ENLARGE Of late EEM has broken a multi-month rising support line and maybe [...]
Emerging Market ETF’s are “Sub-Merging” of late, as key support is breaking! CLICK ON CHART TO ENLARGE Is this price action a tip-off to what the results of the “Shanghai Flag” pattern will take? (see post here). Game Plan…In the post just mentioned, aggressive investors were to buy FXP …up against resistance!
Emerging markets, especially some of the smaller countries have been “HOT PERFORMERS” over the last 6 months, as the U.S. Dollar has declined over 15% since it peaked in June. See performace below, compared to the 500 index! CLICK ON CHART TO ENLARGE While debate per if the U.S. will have [...]
Suggested to buy Chile on 8/6, in this post. The ETF is up over 13% in the past month. I receive emails asking if their are other Emerging markets that have patterns like Chile. The “Unknown Comic” became popular on the Gong Show. The ETF’s below may be unknown, yet the performace is nothing to [...]
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