ARGT: Market bottomed... Long

Global X MSCI Argentina ETFArca

Description

⋅ Oct 26, 2018 10:51 PM

I'm just documenting this call here. I think the Argentinian stock market bottomed here, together with oil and US interest rates peaking for now.

Cheers,

Ivan Labrie.

Trade closed manually

⋅ Nov 1, 2018 2:22 PM

Good exit here for now.The central bank policies together with the IMF agreement have boosted the peso for now, but seems like a temporary fix.

Comments

archiki

⋅ Oct 27, 2018 2:36 PM

archiki

⋅ Oct 27, 2018 5:25 AM

Hi I recently had similar analysis for the Kospi. It is weird to see you post it up for Argentina at the same time.

IvanLabrie

⋅ Oct 27, 2018 10:15 AM

@archiki, it might be correlated. Seems like a big bottom signal across the board. Do you have a link?