Daily Report : Brazilian weakness leading to deep selling in emerging markets


  • Jason Goepfert

    Jason Goepfert

    Published: 2020-10-05 at 17:32:03 CST

There has been heavy and persistent internal selling pressure in emerging markets, particularly in Brazil. This has pushed some longer-term breadth metrics well into oversold territory. They're showing early signs of reversing, which has been a good medium- to long-term sign.


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