EWZ, the ETF for Brazil, has run into and been rejected by resistance again. Price is up almost 100% from early this year.
Time to sell it short.
Brazilian Index Fund ETF (EWZ) weekly
You can see from looking at the weekly chart that price sells off every time resistance (white downwards sloping line) is tagged.
Risk is likely two up (green), weekly closes above resistance. I will advise.
Trade Smart,
Don Roth