Charts Interpretation - Global

Let's start off with the overall weekly ranking:

Now let's dive into some countries' ETF of interest:

The iShares MSCI Israel ETF ($EIS) is on the verge of a breakout in absolute terms, with positive momentum. In relative terms vs. the iShares MSCI All Country World Index ($ACWI) the breakout has already happened, i.e. $EIS is outperforming $ACWI.

The iShares MSCI Turkey ($TUR) saw massive volume this week, even more than the prior week, which was already 4 times the average of the past 20 weeks... let's see what's that all about.

Interesting week ahead!

Jay

#Global #ranking #ChartsInterpretation #relativestrength #Weekly #ACWI #OpportunityCost #EIS