ISHARES INC MSCI TAIWAN ETF

AMEX

EWT

Targeting the three zones below $EWT

.

Taiwan index topping out in wave 5 near the upper part of the channel.

Gut instinct tells me we are going to test the $28 in the next month of 2.

EWT Relative 010517

EWT Relative 010517

EWT Absolute 010517

BUY ENTRY 30.62 SL 30.42 TP1 31 TP2 31.23

Taiwan's fate is intertwined with China's. China is tightening liquidity in the country to try and temper inflation. This should reverberate through the rest of the world over the next month or so. Taiwan looks technical week on a daily and monthly basis.

Detected a "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on iShares MSCI Taiwan ETF (EWT:NYSE). This bearish signal indicates that the stock price may fall from the close of $13.21 to the range of $12.70 - $12.80. The pattern formed over 15 days which is roughly the period of time in which the target price range may be achieved, according to...

SHARK completed.

The weekly chart here . That is a very bullish chart. The daily double bottom should confirm the weekly chart very soon, which is still red at the moment. I am looking at least for the top on this trade.

The weekly chart shows a bullish Taiwanese stock market . On the daily chart, we see this ETF consolidating after breaking and retesting the Double top neckline. The histogram divergence is over, and the impulse is green. I am looking for the top.

For this trade, we are long the Hong Kong and short Tawain. This should be a quick trade. Algo