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TLby u/tuan_le·15hAnalysis

$EWZ seems stuck

Looking at $EWZ, it's holding below 36.805, which has been a pretty solid resistance. If it can't break that this week, I'd expect it to retest 36.09, maybe even 35.50.

1 comments · 6 points

1 Comments

MCu/mei.choi·12h

I'm seeing similar patterns on the charts. Do you think the upcoming political news in Brazil could be contributing to the hesitation around that resistance level, or is it more technical in your view?

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