Monday, July 16, 2007

Where has Money Been Moving Into?

Over the last few weeks money has been moving into the following ETFs in a big way.
I'll let the charts speak for themselves but basically it's Asia that's being bought such as China, Korea and Thailand. (click charts to enlarge)






3 comments:

MrTrend said...

Looks like EWT is forming a small base around 17 like it did around 16.

Sandro said...

Kevin, did retailers index XRT made head and shoulders?

Kevin said...

I see what you are looking at. I guess you can say that's a head and shoulders formation but not the best looking formation I have seen.
Whatever you want to call it, it looks weak given the fact that it couldn't break high with the rest of the market.

Money-Making Ideas

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites