Charts Interpretation - Global

Let's start off with the overall weekly ranking:

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

In the Americas, Brazil continues to improve and Argentina bounced and was upgraded to Average while Canada was downgraded to Weak.

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In Asia Pacific, Indonesia was upgraded to Average and many APAC countries are improving.

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In the EMEA region, just like in the APAC region, many countries are bouncing from the 61.8% Fibonacci retracement level of their respective 2015/2016 low to 2018 high advance.

Interesting week ahead!

Jay

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