Brazil ETF: A Better “Dubya” Bottom

Yesterday we raised the question has the S&P500 put in a short-term W bottom?  The Brazilian bottom looks a little better to us.   We took some of the ETF and looking for a quick trip into the $69-70 resistance area with a tight stop! If we’re wrong, we’ll Blame It on Rio.   Boa Sorte!

(click here if chart is not observable)

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One Response to Brazil ETF: A Better “Dubya” Bottom

  1. Pingback: Stocks: Our Fave W Bottom | Credit Writedowns

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