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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 is strong although currently a tad overextended, a short term pullback is likely.​

In APAC, Indonesia and Philippines are both strong but overextended, New Zealand is strong on a relative basis but less so on an absolute basis, still some overhead resistance to clear.

In EMEA, Poland and Qatar are strong, Switzerland has relative strength but still in a downtrend on absolute basis.

Interesting week ahead!

Jay

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