I would like to suggest shorting Brazil by way of the ETF symbol EWZ. The gap closure was just about pitch-perfect.
Brazil Presents an Opportunity
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Late Night Seppuku
Well, the Japanese Central Bank just did their thing, and the Yen is getting blown to smithereens. In turn, the USD/JPY is flying.
Risky Business
Emerging Touch
The massive rally since mid-October has yielded a perfect touch on the broken trendline for the emerging markets fund EEM:
Yen Doom?
The ticker symbol /6J doesn’t exactly come into daily conversation, but I stumbled upon it and was stunned at the perfect setup of this massive topping pattern. This represents the long-term chart of the Japanese Yen Futures. This is as very long-term chart, but it seems to me the yen is going to be absolutely destroyed.
