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.
$QID also remains on the momentum screen as does $TZA, both of which represent a bearish stance on the overall market:
The “once Resistance, now support” line still holds as support for the bulls. Let’s see if Monday’s low holds up this week:
On strength, here are today’s top hybrid movers to watch:
See you guys at the open…Comments »