SCHF daily retest of long day candleOrder BUY SCHF ARCA Stop 29.30 LMT 29.30 will be automatically canceled at 20230401 01:00:00 EST
SCHF daily retest of long day candle ABC correction maybe over can go higher.
SCHF trade ideas
SCHF Not Done Trending DownRegardless of the resent -and somehow unpronounced- up move, the international market, particularly vulnerable to rising dollar and also the effect it has on EM's, the stocks in the SCHF index will continue to devalue by 5-10%.
I bought already a few trading days ago at the resistance but at the same time still think there is room for further downside which will represent a good/better buy opportunity.
Not to forget that international companies tend to yield move in dividends than their US counterpart; this is index currently delivers 3.1% annually, regardless of appreciation
