Scalper1 News
Below is a look at our trading range screen for the 30 largest country ETFs traded here in the U.S. As shown, just 3 of 30 are NOT in oversold territory after today’s sell-off. And three of the biggest countries – Germany (NYSEARCA: EWG ), Japan (NYSEARCA: EWJ ) and the US (NYSEARCA: SPY ) are the most oversold of the bunch. Nine countries are starting the year down more than 3%, and twenty-one are more than 5% below their 50-day moving averages. The three countries that aren’t oversold are Australia (NYSEARCA: EWA ), Colombia (NYSEARCA: GXG ) and India (NYSEARCA: PIN ). Scalper1 News
Scalper1 News