IvanLabrie

EWA: Australia is a long

Long
IvanLabrie Updated   
AMEX:EWA   iShares MSCI Australia Index Fund
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.
Comment:
20 cent profit for now, let's see how it evolves.
Comment:
Nice progress.
Trade closed manually
Comment:
This is a good reentry, risking a drop to 19.38
Trade closed manually:
Progress isn't fast enough, better close.
Last: 20.78

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