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Numerous Country ETFs Rally off Reversal Patterns

|Includes: iShares MSCI BRIC ETF (BKF), EWG, EWH, EWM, EWQ, EWT, EWU

Numerous iShares MSCI Country Index ETFs have recently rallied off small Head & Shoulder (H&S) bottom reversal patterns. Most have not yet reached their targets based on the measuring objective determined by the H&S. 

Watch as the markets retrace back down towards neckline support over the next one to three days. After that, prices should rally again to reach price targets. A break through neckline support turns these ETFs bearish. Here are just some ETFs exhibiting the H&S bottom pattern.  (www.etftrends.net)

iShares MSCI BRIC Index Fund ETF (NYSEARCA:BKF)BKF ETF

iShares MSCI Germany Index Fund ETF (NYSEARCA:EWG)EWG ETF

iShares MSCI Hong Kong Index Fund ETF (NYSEARCA:EWH)
EWH ETF
iShares MSCI Malaysia Index Fund ETF (NYSEARCA:EWM)
EWM ETF

iShares MSCI France Index Fund ETF (NYSEARCA:EWQ)EWQ ETF

iShares MSCI Taiwan Index Fund ETF (NYSEARCA:EWT)EWT ETF

iShares MSCI United Kingdom Index Fund ETF (NYSEARCA:EWU)EWU ETF

(www.etftrends.net)



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