The recent market bottom is trying to go global. Here are some things to keep an eye as we round out the week.
The All World Index broke it’s 2016 range higher today.
China ETF FXI has formed a potential head and shoulders bottom pattern. That said, just after the breakout is the falling 50 day moving average
Germany ETF EWG has the same exact scenario.
There is plenty of conflicting information here and it’ll be interesting to see how it plays out. If we break higher keep an eye on the levels highlighted in the charts.
Trade ’em well!