Click on any chart to engorge it

Click on any chart to engorge it

Looking at Latin America

The iShares S&P Latin America 40 Index Fund might be forming an inverse head and shoulders pattern.  If so, the target price would be around $55 - a test of the all-time high from 2008.  A somewhat less optimistic scenario (our specialty) is possible as well, shown below.

  The fund is 57% Brazil and 24% Mexico.