EWZ (Brazil ETF) has rallied higher than I had initially expected ! I am happy to see today that some investors with some common sense have hit the sell button on EWZ ! I don't usually show charts with volume bars, but today is worth the exception ... If you think that EWZ has rallied too far too fast BZQ(Double short EWZ) is the way to go ! I'm not sure that EWZ can sustain these gains if the SPY tops out and falls into 2010 ! Stay tuned !
