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Brazil; Waterfall in prices starting? Impact U.S.?

Brazil; Waterfall in prices starting? Impact U.S.?

by Chris Kimble | May 18, 2017 | Kimble Charting

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective. CLICK ON CHART TO ENLARGE EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs...

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