Falling like a BRIC…..NOT!

Falling like a BRIC…..NOT!

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...
Emerging markets “starting to emerge?”

Emerging markets “starting to emerge?”

I have stayed away from the Emerging markets for months, due to poor looking chart patterns. Now some interesting patterns are starting to “emerge!” CLICK ON CHART TO ENLARGE The two most interesting patterns above are Thailand (THD) and India (EPI)! ...
Emerging market breaks key support

Emerging market breaks key support

CLICK ON CHART TO ENLARGE Emerging markets ETF (EEM) has created a rather sizeable rising wedge over the past few months, with the bottom of the wedge attempting to break support.  Speaking of weakness and breaking support, India (EPI) is reflecting relative...
Falling Brics…

Falling Brics…

I posted a quiz on 11/11, asking what would you do with the chart below (see post here) Actually the chart was the U.S. Dollar, turned UPSIDE down. At that time roughly 5% of investors were bullish the Dollar and the Dollar was testing STRONG SUPPORT! CLICK ON CHART...