Most Global Markets Remain in Downtrends
With equity markets in the US continuing to show signs of weakness, below we highlight the charts of 21 other country indices to see which, if any, currently look better. The majority of countries remain in downtrends, with China, Japan and Europe looking the worst. A few countries are currently in uptrends, however.
Brazil and South Africa have formed nice upward channels, while Russia, Mexico, India and Taiwan are attempting to turn positive.
Click here for a list of country ETFs.
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