After the IPCC's recent report showing that the North Atlantic Current may be on its last legs, I decided that I needed to diversify away from the US and Europe a bit. (If the North Atlantic Current fails, it would cause massive, disruptive climate change for Europe and North America.) So I committed to look for opportunities in some country ETFs.
The one I've...
ECH seems building some momentum to the down side. It is a basically short on CHILE. we are watching it for potential shorting opportunity at the break of 50SMA ($42.77)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Chilean economy is one of the strongest in south america. Business appears to be in a rebound period for chilean companies. many of the companies are staying strong while most have downward momentum. the index appears to want to go lower. I want to get in at a good price so I am currently waiting.