Are all Emerging market ETF’s acting the same?  NO!  Chile is HOT and Brazil remains COLD!

 

We remain LONG Chile (ECH), see above for stop orders.  For aggressive investors, the Brazil (EWZ) pattern suggests lower prices.  Inverse ETF BZQ should do well under these pattern conditions!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past