Back 20 Dec 2101, the BRICs were showing weakness...This has continued with Brazil, India and China looking to hit lows within the next 4 weeks
BRAZIL (EWZ 71) Target 65, down nearly 10%
RUSSIA (RSX 38) is still Bullish. Any pull back to 35 would be a Buying opportunity for a move up to 47.
INDIA (INP 66) . Target is 5% lower at 63 in by 8 July.
CHINA ( FXI 42) is looking weak. Only a close above 44 will change the direction. Target is 40.
BRAZIL (EWZ 71) Target 65, down nearly 10%
RUSSIA (RSX 38) is still Bullish. Any pull back to 35 would be a Buying opportunity for a move up to 47.
INDIA (INP 66) . Target is 5% lower at 63 in by 8 July.
CHINA ( FXI 42) is looking weak. Only a close above 44 will change the direction. Target is 40.
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