Near Term Trend: Neutral
As of 12/1/17 close: $39.03
UPDATE: Last week, I suggested buying EWZ at $35.41 with stops on a close below $35 and a target of $47.
The Brazil ETF continues to work through a downside correction. EWZ can fall to at least $35.75 and possibly down to $31.37 if things get really hairy.
If short, stay short. If not, sell bounces to $41.36 with stops above $42 and with a target of $36.