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!
CLICK ON CHART TO ENLARGE Due to the “Power of the Pattern” we have favored THD and IWM, not the S&P 500 Index/SPY (see post here). 500 Index/SPY does find itself at a rather interesting pattern situation right now. Game Plan….If long would put a fairly tight stop in place!
Suggested to become an owner of Thailand (THD) due to a breakout (see post here) Was looking for relative strength performance in THD and so far it has done fairly well since the breakout. Below is a comparison of THD to the 500 index since the breakout. CLICK ON CHART TO ENLARGE Game Plan….Remain long THD. [...]
CLICK ON CHART TO ENLARGE THD looks to be breaking above its 2010 highs…another good sign for this etf. Game Plan…Remain an owner of THD. If you don’t own this ETF, I would want to be a buyer on this breakout, with a stop at this time at $67.
CLICK ON CHART TO ENLARGE BRIC ETF’s are doing well of late. Good to see several ETF’s in the arena acting well! The “Power of the Pattern” suggested we could find relative performance strength in this area and so far the price action and performance has been good! Game Plan…Own Thailand (THD) with a 5% [...]
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