E7 CountriesI’d like an ETF for E7 Countries, holding their ETFs (Brazil EWZ; China MCHI; India INDA; Indonesia EIDO; Mexico EWW; Russia ERUS; Turquia TUR).
Theses countries has been more GDP upside than the G7 Countries. An this must go on.
*** The Russia ETD was excluded for the “index” because it isn’t been working on.
I’ll include the ETF ERUS after the war.
EIDO
EIDO on downside riskBased on price below MA200 and all of its respective moving average, we see that EIDO is on the downside risk. Price are on trend line support. If it fall below 24.35, we see a future downside to 22.14 with minor target of 23.25.
Anyone who trade Indonesia stocks should aware with this.
#GaleriSaham | Global Market
ETFs potential BUYS -XPH-EIDO-EUO-XBI-BIBFor Monday’s open, 5 ETF's are potential buys under my rules for Pullback Strategy. This strategy identifies oversold ETFs and takes advantage of the tendency for prices to revert to the mean in the short term.
The ETFs set up as potential buys for Monday are listed in the table below:
XPH -SPDR S&P Pharmaceuticals
EIDO - Indonesia Invstble Mkt Idx MSCI
EUO - Ultrashort Euro Proshares
XBI - SPDR S&P Biotech
BIB - Ultra Nasdaq Biotechnology Prosh