ETF CORNER

IFN : Hindou breakout !

I showed a diamond pattern on IFN earlier this week (Click Here). It has broken out the day after my post and has gained nearly 10% this week ! For those who bought I suggest taking partial profits and hold on to IFN until $35 with a protective stop.

 

Talking about Hindou, here is a very funny car commercial (Peugeot) that I used to see on T.V. Here is the video : 

IFN : Indian bottom ?

If this diamond pattern brakes to the upside I suspect it could go as high as $35. Wait & see ! My intuiton tells me is that it will break .. to the upisde.

IFN : India looks poised for a bounce !

IFN : Kiss of death ?

This is a follow up on the previous post i made about IFN (Indian Fund). The level i suggested shorting got hit yesterday as you can see on this chart below. Could this be a kiss of death ?