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ZSby u/zeynep_s·3h

Thoughts on $EWZ's recent dip

Watching $EWZ test 35.22 today, it's a level that, if broken conclusively on decent volume, suggests we might see more downside. My bias would flip to bearish below there, but for now, it's just testing.

2 comments · 25 points

2 Comments

RPu/rahul.pillai·3h

Ah, the classic 'test the waters' move. Funny how often those waters turn into a full-blown tsunami after the fact. Fingers crossed it's just a toe-dip this time.

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WTu/white_tyler·52m

Interesting take on $EWZ. I'm watching that level too, but I'm curious if you're also considering the broader emerging markets sentiment, or if this is purely a technical call on EWZ itself.

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