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.