EWW - Mexico ETF - Trade Ideas

spunj

Administrator
Jan 24, 2019
157
1
18
I'm forecasting downward price pressures on EWW. Take a look at the long term chart and the shorter term chart.

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spunj

Administrator
Jan 24, 2019
157
1
18
EWW is now on a long term support price. I've been surprised at EWW's relative strength these past two weeks. On a fundamental basis alone, I would have expected EWW to have shown weakness sooner.

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spunj

Administrator
Jan 24, 2019
157
1
18
Watching what the U.S. Dollar does and its correlation to this chart:

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