The Peerless Sell S9 hit foreign ETFs very hard. On average, they have volatility
about twice that of the DJI-30. We used the S9 to sell out of these ETFs. Get
Peerless and be prepared for the next big drop! ETFs like IFN, JOF and IXN
looked particularly vulnerable at their recent tops. Each fell 20%.
A rebound has started from he support of longer term moving averages. Here is our
current analysis of a number of them. Not shown in most of the charts is what
is the basis for our Top trading systems. TigerSoft users will see this at the top of the page.
Right now our ranking programs show that the top performing ETFs in the last 3 days,
since the bottom, are : KEF and TRF, each up 10%. The chart of TRF will give
traders some ideas. It is at a "high inflection" point. Whichever way it swings, it will
likely make a worthwhile trade. 34 ETFs are on TigerSoft Buys. 21 are on Sells.
The highest Accumulation ETFs are JOF, EWG, EWA and EZA (South Africa). EZA
also has the highest current Accumulation index value. Its chart is not shown. But it have
a great buy at about 100. And a target of 113 seems reasonable if it can start to close
its downside gap over 110.
Look also at:
BZF (Brazil) - on a BUY from system which has gained 84.8% for last year.
CHN (China) - on a BUY from system which has gained 87.9% for last year.
EPP (Pacific, ex-Japan) - on a Sell from system which has gained 27.1% for last year.
EWK (Belgium) - on a BUY from system which has gained 30.3% for last year.
EZU (MSCI EMU Index) -on a BUY from system which has gained 18.5% for last year.
IFN (India) - on a BUY from system which has gained 99% for last year.
IXN (Global Technology) - on a BUY from system which has gained 55.5% for last year. Heavy Distribution,
JOF (Japan OTC) - on a BUY from system which has gained 65.4% for last year.
KEF (Korea Fund) - on a BUY from system which has gained 62.4% for last year.
MXF (Mexico Fund) - on a BUY from system which has gained 89.2% for last year.
TRF (Templeton Russia Fund) - on a BUY from system which has gained 106.9% for last year.
TWN (Taiwan) - on a BUY from system which has gained 96.5% for last year.
