Australia is being favoredUSA allies are getting a boost, it appears. Or at least the ones that will fight the proxy wars (Australia is closest to the front lines of Taiwan/China with substance, unlike Japan). Trend appears up. If Europe ( AMEX:VGK ) is any indicator, a break out will happen.Longby rfc40
EWA - head and shoulders On this chart we can see head and shoulders, which is a bearish pattern. Take the short position once the breakout of the neckline occurs. Stop loss should be set above the right shoulder. Target is shown on the chart.Shortby vf_investment222
EWA Aust Index BO of big 2008 downchannel; making bullflagAust economy seems to be doing well despite Russian invasion causing supply problems in Natgas & wheat. Aust is rich in natural resources. So maybe EWA is also a good hedge against FED increasing interest rates to control rising inflation. (I hope it is not too late because the 2yr-10yr yield is very near zero. The short term rates rose tremendously in the last month…suggesting fear & uncertainties & loss of investor confidence in or economy in the long term. An inverted yield curve usually signals a recession is coming maybe in the next 6 months or so) The longer the downchannel consolidation, the higher the expansion so expect a big upside. Not trading adviceLongby xtremerider80
Still in Australia; still collecting the massive 5.7% dividend.As you can recall in the link below, I have been looooong Australia for a looooooong time. Last time Australia had a recession pre-covid was 1990. This is their first recession in 30 years, and is exactly the time to build up your dividend dedicated strategy play here. I have made suggestion on may fund strategies ranging from delta neutral option making IC strategies in the /ES futures market, to growth plays - but when it comes to value in your dividend acct Australia is where it is at. One of the reasons Australia has been recession proof is the fact that the population is growing faster than GDP. According to the Federal Reserve Bank of St Louis, "For nearly 40 years, Australia has had a higher population growth rate than other industrialized economies". I have heard countless misinformation about immigrants over the years, but the cold hard truth is immigrants are a wonderful blessing and aid countries greatly. Migration is a blessing for countries. Longby ZenMode3
#LongAustralia $EWA #AussieThe last recession in Australia was in 1991. This is a safe place to be. Longby ZenModeUpdated 2210
OPENING (IRA): EWA SHORT PUT LADDER... for a 1.41 credit total. Notes: This isn't paying much from a credit standpoint and isn't the most liquid thing in the world, but wouldn't mind acquiring shares. Currently a 6.20% yield.Longby NaughtyPinesUpdated 6
More Upside?Anticipate more upside. This is a view that is correlated with the long side of gold, short side of USD/JPY, long side of bond price. It is betting against the trumpflation. My thoughts here is a continuation from the last months cool down from the trumpflation.Longby MichaelGuan0
EWA: Australia is a longThe trend is now up, and we have a weekly 'Time at mode' signal pointing to 22.59 as the target. Risk is a drop under 19.37. You can buy dips, or speculate on copper, or on FXA or AUDUSD as well. Steel/Iron ore is also looking great, which makes this a sure buy. Shares of X or STLD would be a nice buy as well. Good luck, Ivan Labrie.Longby IvanLabrieUpdated 2220
EWA, "Opera House" collapseGood Day mike, how you doin'? What do you call a deer with no eyes? "Opera House" collapse! (No offend)by jangseohee2
AUSSIE MAPBig/small caps ratio rejected again at the same supply zone - 1,27 fib not shown - for third time during the last 9 months. Might provide a second short entry around 50% of the pin bar, might not. A second entry, for those missed the pin, will be at the break down of doji. I would love ratio to be the other round, but it's not, and that provides a danger zone for the shorts. Bonds are following the path of a possible bearish Gartley so far, while both commodity index (global) and Aussie dollar futures are following bonds currently, after the major cycle low of last January. With the Blood Mooned China figures coming April 16th, it's a basic map to know where you are. Cheers Panos by pantheo0