Brazil stocks following the bearish plan
The corrective high might be set
Newly refined targets for Italian stocks
along with cycles analysis
Brazil stocks to break downward
EWZ is in the resistance zone
Italian stocks expected to decline
The upward correction probably won't shoot much higher
iShares MSCI Italy ETF (EWI) Update
At the start of 2018, EWI ended wave [e] of a triangle and dropped in the first five wave impulse lower at the end of last year. Since then, EWI has been bouncing in a three wave move for a wave (ii). While having tested a possible target at 28.83 two weeks ago, it strikes me as too aggressive to say that wave 'c of (ii)' is complete while above 30.00 as the overhead target tested so far is a bit short of what is typical for a wave (ii).
iShares MSCI Brazil Index ETF (EWZ) Update
Treating this overlapping bounce in EWZ up from the low last year as a 'b' wave and expect prices to turn down again in an impulse over the next few weeks.
Brazilian stocks unable to climb out of range
Is it time for the reversal?
Brazilian stocks climbed 40% off our support
What comes next after that 3-wave move?
Italian stocks may need to climb a little
Time for bears to manage positions
Brazilian stocks can travel lower after a bounce
There should be a trade soon