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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.

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

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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