ChartPros Market Insights
June 3 Chart of the Day - iShares MSCI Mexico ETF
The Mexican Peso experienced its worst single-day performance in four years following Claudia Sheinbaum‘s victory in the presidential election held on Sunday.
Whether you're a trader or an investor, ETFs such as the iShares MSCI Mexico ETF (ticker EWW) seeks to track the investment results of a broad-based index composed of Mexican equities so we wanted to review its chart from a price action technical analysis perspective.
Whether you're a trader or an investor, ETFs such as the iShares MSCI Mexico ETF (ticker EWW) seeks to track the investment results of a broad-based index composed of Mexican equities so we wanted to review its chart from a price action technical analysis perspective.
May 9 Chart of the Day - The Utilities Select Sector SPDR Fund
The Utilities Select Sector SPDR Fund (XLU) seeks to provide investment results that deliver an effective representation of the utilities sector of the S&P 500 Index.
The fund is making headlines this week because it has risen 10 of the past 13 weeks so we wanted to review the chart from a price action technical analysis perspective.
See the upcoming price levels that could provide strong resistance and knock the bulls back down.