EPP retested 2 wedges fr 2008 crash;bottom in or a deeper ABC?EPP have already retested & bounced from 2 potential wedges formed by the high & lows of 2008 crash. The green & black lines are the topside of the 2 wedges. See the yellow zones.
Is the bottom in or is a deeper ABC coming?
If the 2 yellow zones of the 2 bounces does not hold, 43.22 will be the next
Key stats
About iShares MSCI Pacific Ex-Japan Index Fund
Home page
Inception date
Oct 25, 2001
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EPP provides plain vanilla exposure as it captures the developed economies of Asia-Pacific outside Japan. The fund primarily holds companies from Australia, Hong Kong, New Zealand and Singapore while the Underlying Index covers approximately 85% of the free float-adjusted market capitalization in each country. EPP's overall sector and geographic exposures look market-like. South Korea is excluded by rule as the index classifies it as emerging, not developed. A representative sampling indexing strategy is utilized in order to manage the Fund.
Classification
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
EPP: BIG MOVES coming. 7 reasons why1) EPP broke above & retested BIG Symmetrical triangle
2) it bounced from the lower uptrending channel
3) it holds the Volume profile support line
4) It bounced off the 38.2% FIBO level
5) it just made a weekly engulfing candle
6) it bounced off the GANN fan line support
7) it just entered back insi
EPP ex Japan: Ton of support in weekly chart* EPP ex Japan retraced 38.2% from covid low to 61 top...a good FIBONACCI reversal level for a strong trend.
* Wma 100/150/200 violet/blue/red moving averages converging just below current price.
* It already came back & just retested the BIG TRIANGLE top.
* GANN fan line also gives support.
* Looks
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.