Tag Archives: EWZ
Cheap Look…EWZ…Trade Alert!
60 is the Macro Pivot for Brazil. Dilma has been actively devaluing the Real, which will help on the export front. You have a potential double bottom on the Weekly & Monthly chart, so you know exactly where you are … Continue reading
Price Action
Distance traveled…Spu’s gave you 20 points…anything into the 1386-88 will be overdone today, just as the low 1350’s were overextended on the downside Tuesday. EWZ…has hit near term resistance. new closing strength is needed over 63.57 for more upside. AUD/USD…104.40-50 … Continue reading
FXI…EWH…EWZ…Pattern Alert
These instruments are attempting ORH days. A close for the FXI ( China) over 36.88 and 17.52 EWH (Hong Kong) will complete these patterns. EWZ ( Brazil) A close over 65.38 would complete the ORH pattern here. Closing over 65.60 … Continue reading
EWH…EWZ
EWH …HONG KONG…17.31 is support EWZ…Brazil….66.21 on the daily is support, as well as being into all it’s weekly support levels. Again, this is just one more confirmation along with the Euro,Oil Gold,Copper,& Aussie lows, that we’ve just had a … Continue reading
Looking Good
We have many similar chart patterns forming. Here are some names that are looking good to us. Those wishing to increase Risk can review some of these names w/the commensurate stops. FFIV …Five networks with a stop against today’s low SMH….Semiconductor Etf..stop … Continue reading
A.M. Look 10/18/11
Today is shaping up to be a two way trade day. Trade your short term technicals. It’s a ” HE said She said” market” thanks to the our European friends. A note on protecting your profits… Yesterday saw us getting stopped … Continue reading
FXI…EWZ…STOPS
In a world where every trade is the same, we will use closing stops in these country ETF’s, which are conditional on where the U.S. closes. These country ETF’s are up huge from the lows. We will exit these longs if … Continue reading
EWZ….Brazil…Risk Parameters
The average entry ( Buy…Go Long Brazil) was app 56.60.. Many got in around 56.20 when the trade recommendation went out. The original stop was 55.40 intra-day… Raise your stop level to your “entry level” on a “closing basis.” If … Continue reading
A.M. Look 10/13/11
We finally got a pullback in the equities, which is necessary for more upside. Instruments rarely go in a straight line with out some sort of relief. Now the question becomes, “is this enough of a correction or are will … Continue reading
A.M. Look 10/12/11
Welcome to this months episode of Full Moon Trading,coupled with the mid week shuffle. 1204 S&P 500 is a big closing level on my work with macro stops presently resting over 1214.50. Closing above this level is Bullish Equities.. Euro…138.40 … Continue reading