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dchua1969
Dec 26, 2023 10:50 PM

Africa in my dream..... 

VanEck Africa Index ETFArca

Description

I dreamt of Africa two days ago and it was blurry one that I cannot recalled the content. But the word stuck with me - Africa. I have neither any friends nor business dealings with Africa so I find it perplexed and confused why it comes to my dream.

A quick look at the weekly chart of this ETF shows me it is not the ripe time to buy. It is still in a downward channel. Unless it breaks out of it and rally upwards, we can see a chance of it revisiting its support at 11.26 price level. So , no hurry.........

Comment

testing the upper channel once more....
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