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Selloff in Chilean stocks

Troy Bombardia
2020-07-16
Chilean stocks are rolling over with more than half of them triggering a MACD sell signal.

While U.S. stocks continue to rally, stock indices in various countries around the world aren't all participating. Chile's IPSA Index has seen 56% of its members trigger a MACD sell signal in the past 10 days.

When this happened in the past, IPSA Index had a strong tendency to pullback even further over the next few weeks:

Here's the risk:reward table.

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