Alix-Pimodan

SCHF Not Done Trending Down

Short
AMEX:SCHF   Schwab International Equity ETF
Regardless of the resent -and somehow unpronounced- up move, the international market, particularly vulnerable to rising dollar and also the effect it has on EM's, the stocks in the SCHF index will continue to devalue by 5-10%.
I bought already a few trading days ago at the resistance but at the same time still think there is room for further downside which will represent a good/better buy opportunity.
Not to forget that international companies tend to yield move in dividends than their US counterpart; this is index currently delivers 3.1% annually, regardless of appreciation
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