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New Upleg for Taiwan Index Fund (EWT)?


For the past few sessions, we have been awaiting a pullback in the Taiwan Index Fund (EWT) into the 12.80/70 area from 13.24 to add to our existing long position. However, based on my near-term work, this week's (actually today's) pullback to 1285 appears to be complete and a new upleg already in progress that should propel the EWT towards 14.00 next target.

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