sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Sunday, March 27, 2011

Netherlands, Thailand, Canada, Australia

I was checking out more markets from around earth. Im thinking about all the different markets or assets i could trade when my own doesn't look good enough for me. I haven't entered any new trades in several weeks since i didnt like my SP500. But other parts of the world might have tempted me if i had thought about it. Its getting a little too late now since the SP500 is probably starting another uptrend.


EWN is a Netherlands ETF that i could trade. This market has some decent room to move up. It has been in a weak trend but maybe over the next couple months it will stay in a strong trend. Its price might stay above its 20 ema until it hits its next resistance level. Whenever i hear "Netherlands" , i always think of the "nether realm" in mortal kombat.

THD is the Thailand ETF that i could trade. This ETF hasnt been around for as long as i would like but i can see how its had a stronger uptrend than many countries. Thailand has moved up very, very well in the past 2 years but its been choppy lately and has a couple resistance levels to trade through if it wants to keep going up.


Canada's EWC ETF looks pretty bad if you want to ride an uptrend. Canada just has too much resistance right ahead.

New Zealand's ETF hadn't been around that long so its chart was not good to look at but EWA is an Australian ETF and its an interesting chart. Australia has been held down. It looks like price is carrying an anvil. Maybe it has to do with all the flood, fire and earthquake disasters this year. It is only one or two positive weeks away from possible taking off on decent rally to its next resistance level. Not much room to go once a breakout did happen but maybe enough.

No comments:

Post a Comment