Technical Woes Seen for Brazil ETF
February 05, 2014 at 07:30 AM EST
On Tuesday, the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest ETF tracking Latin America’s largest economy, rose almost 3% on volume that was 56% above the daily average. Normally, that would be considered a positive sign, but EWZ entered Tuesday’s session as one of the 10 worst...