Global Stocks Ready to Surge

09/11/2009 9:23 am EST

Focus: ETFS

Thomas Aspray

, Professional Trader & Analyst

chart
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Many global ETFS have broken out to the upside over the past few days and a weaker dollar has helped. Wisdom Tree India (EPI) is testing resistance and the previous sharp rally suggests formation is a continuation pattern, not a rising wedge. Malaysia (EWM) broke its downtrend with the upper channel now at $10.50.

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