Near Term Trend: Bullish / Neutral
As of 10/20/17 close: 42.26
UPDATE: Last week, I suggested covering shorts and considering flipping to the long side down at $40.62.
Im still calling for a bit more downside in crude (at least) and some corresponding weakness in EWZ.
Cover EWZ shorts and get long at $39.74. Honor stops below $39.74 (weekly) and look for $50 to be the round number target on the upside although $51.74 looks like it can be tested.