SkylinePro

VWO - following the forecasted trend

Long
AMEX:VWO   Vanguard FTSE Emerging Markets ETF
VWO is finishing a leading diagonal first wave out of the the contracting triangle as forecasted in the April 5 post. It should continue its positive trend ahead with minor corrections on the way. The possible end of minute wave v of minor 1 should be at around 39. After this minor 2 wave should retrace to around 35 before the up trend continues. If prices crosses the lower leading diagonal channel, the odds are that minor 2 correction is already happening. FOLLOW SKYLINEPRO TO GET UPDATES.


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