If it breaks this resistance, first target 90. In the weekly chart, 200 EMA (yellow) up-trending. 50 EMA (green) above the 200 EMA. 22 EMA (red) above the 50 EMA. EWZ is up-trending.
Market news and comments. I will post some of the technical alarms and interesting patterns developed in stocks and worldwide indexes.
- Candlesticks
- Investopedia
- On line Trading concepts
- The pattern site
- MIT press http://www.mitpressjournals.org/
Monday, August 2, 2010
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