Near Term Trend: Bullish
As of 9/15/17 close: 43.35 (+ 1.62%)
UPDATE:
Last week, I suggested holding the under-water shorts in EWZ and covering when it pulls back to 39. The upside target after the pullback was $49.71.
No changes this week except the short-term stress increased a little bit as EWZ rallied with crude oil. As I expect crude to drop to $47.15, EWZ should pull back in sympathy. Hold shorts and look to cover when crude falls to $47.15.