iShares MSCI Australia Index Fund
Long
Updated

EWA: Australia is a long

390
The 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.
Note
20 cent profit for now, let's see how it evolves.
Note
Nice progress.
Trade closed manually
Note
This is a good reentry, risking a drop to 19.38
Trade closed manually
Progress isn't fast enough, better close.
Last: 20.78

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.