Chile spans most of the eastern coastline of the Pacific Ocean in the Southern Hemisphere and contains the world's largest lithium and copper mines. It is becoming incredibly important for exporting battery metals to East Asia and the West Coast. This year, with spiking commodity prices and surging electric vehicle production, Chile is set to make massive profits....
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...
When will chile market the catch up? After the elections? Political discount is probably too high
The volatility of Chilean Peso (#USD/CLP) has made a good chance to get a little bit of the recovery of this economy based on #Commodities
The Chilean Market could see new lower lows between $37.4 and $35.4, from where the price should find buyers expecting to create a major degree connector. Invalidation level is above $46
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.)
Wait to get into the bearish channel and short till 35.30 Regards !
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.
ECH may be bullish, double bottom, break h-line and short term t-line