iBankCoin
Joined Jan 27, 2008
7,136 Blog Posts

Brazil Has The Momentum To Start The Week; Short The nasdaq & Small Caps

Brazil is all over the momentum screen to start the week, with $BRZU leading in terms of over all percentage gainers. There was little momentum to start the week, judging by our Exodus screener, but Brazil had a decent showing: $SBS, $BSBR, $BBD, $EWZ.

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$QID also remains on the momentum screen as does $TZA, both of which represent a bearish stance on the overall market:

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The “once Resistance, now support” line still holds as support for the bulls. Let’s see if Monday’s low holds up this week:

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On strength, here are today’s top hybrid movers to watch:

See you guys at the open…

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One comment

  1. DarrylWes

    [b]Indicator MQ4 Strategy Builder[/b]
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    mql5.com/en/market/product/35451

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