Author: Bruce Powers

iShares MSCI Mexico Index Fund (EWW) may have completed a rally last week that could lead to further downside. The underlying pattern structure of EWW over the past six-months has many similarities to the S&P500 Index. EWW...

NULL

iShares MSCI Brazil Index Fund ETF (EWZ) broke out of a well formed head and shoulders bottom reversal pattern last week along with a pickup in volume. It has now closed above the 200 daily exponential moving average (ema) for...

Since the SPDRs S&P 500 Trust Series ETF (SPY) found support at $110.27 four weeks ago the 38.2% Fibonacci level of the uptrend measured from the March 2009 low — its been tracing out a Bearish Flag formation. The...

There are a number of bullish technical signs showing up in the charts of the iShares Barclays 20+ Treasury Bond Fund (TLT) ETF that indicate further upside is likely. First, TLT broke out of a Head & Shoulders Bottom...

The SPDRs Select Sector Financial ETF (XLF) has broken down out of a bearish descending triangle formation closing last week at $15.77. XLF closed right at potential support of the 200 day exponential moving average (ema), 50%...

UUP, the PowerShares DB US Dollar Bull ETF, gaps up off support in the area of confluence of several Fibonacci measurements, with a surge in volume. This may be an indication that the recent low of $20.84 will hold, at least for...