What follows are the charts of the 5 Lat/AM that I monitor within the Market’s Compass Rising Markets Nation ETF Research that’s despatched to my paid subscribers. This can be a “one off” that focuses on the currencies of the 5 ETFs that’s posted on the Weekly charts as a histogram (pink horizontal strains) on the left as nicely within the decrease panel of the Weekly chart is my Goal Technical Rating which is the spine of the EM Research that may vary between 0 and 50.
To grasp the methodology utilized in establishing the target EM Nation ETF Particular person Technical Rankings go to the Markets Compass technical indicators web page at www.themarketscompass.com and choose “em nation etfs”. What follows is a Cliff Notes model* of the complete rationalization of the methodology I take advantage of…
*The technical rating system is a quantitative method that makes use of a number of technical concerns that embrace however are usually not restricted to pattern, momentum, measurements of accumulation / distribution and relative energy of every particular person 20 EM Nation ETFs that may vary between 0 and 50.
To the suitable of the Weekly Chart is a Each day Cloud chart. Within the decrease panel of that chart is Relative Index Comparability Line vs. the iShares Rising Markets ETF or EEM that highlights the outperformance vs. the EEM beginning in the beginning of the 12 months (black dashed crosshairs). Though the outperformance numbers are usually not proven as a % per se, the numbers to the suitable are the outperformance share. For instance, the World X Columbia ETF which is the primary chart offered is up 9.84% vs. the EEM since begin of the 12 months. Of the three geographic areas which are lined within the Rising Markets Nation ETF Research that cowl 20 ETFs that characterize Asia/Pacific, EMEA and Latin America, Lat/Am has by far outperformed the opposite two areas for the reason that begin of the 12 months.
There are three ETF Research that embrace the Market’s Compass US Index and Sector (USIS) ETF Examine, the Developed Markets Nation (DMC) ETF Examine and the Rising Markets Nation (EMC) ETF Examine that in complete cowl 71 ETFs. The three Research are usually printed each three weeks and are despatched to my paid Substack subscriber’s e mail. There may be additionally a Weekly publication that’s despatched to paid subscribers each Sunday titled The Market’s Compass Crypto Candy Sixteen Examine that tracks the technical situation of sixteen of the bigger cap Cryptocurrencies.
Charts and worth knowledge are courtesy of Optuma. Any time sequence knowledge together with my ETF Technical Rankings may be imported, charted, and again examined in Optuma*.
*Tip of the hat to Darren Hawkins at Optuma for his help in structuring the Relative Energy panels.
The next hyperlinks are an introduction and an in-depth tutorial on RRG Charts…
