Wednesday, June 16, 2010

Latin America On The Move


A few days ago I posted about how Latin America will lead us higher and that is exactly what we are seeing take place right now.  Above is a chart of ECH which is the ETF for the Chile Index Fund. Notice how this ETF just made a fresh 4 month high today while our S&P has only made a 3 week high.

Volume has also been increasing on this rally which is a sign that money is pouring into this ETF. Latin America is definitely something that we should watch closely.

Posted by Kevin

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