Brazil Breakdown Continues

I talk quite a bit about Brazil here on Slope, and the breakdown in the ETF fund symbol EWZ symbols (and, likewise, the ascent in ultrashort fund BZQ). The trendline failure matters:

(Click on image to enlarge)

1115-ewz

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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