“askSlim Market Week 10/9/26 - Analysis of Financial Markets”
EWZ is currently overextended; holding support through upcoming election/cycle timing creates a potential buy setup.
Today, I present to you a video from " Investor Center" highlighting the EWZ fund. This is the iShares exchange-traded fund for Brazil.
The EWZ fund saw a 13.4% increase today. This movement is almost entirely due to the Brazilian elections. I thought it would be interesting to see how this movement fits into the artistic image of the EWZ box.
We will start with the monthly chart. This is the monthly chart for EWZ.