49th day of QQQQ short term up-trend; INDZ


Still cautious, mainly in cash.   Yesterday I wrote about how weak India stocks appear to be. A reader subsequently told me about an ultra 2X bear ETF for shorting the India market, INDZ. See the weekly chart below, but beware its very low trading volume. This ETF will rise as India stocks fall. India’s economic policy continues to focus on curbing inflation.

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