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EDZ

Posted by StockBuz on June 20, 2013 at 7:17pm in Long Setups

Everyone chuckled when I said get long EDZ last month. Who's laughing now? No, China is not going to ride to the rescue. In fact their manufacturing data just indicated a 2nd consecutive month below 50 which is recession territory. Moral of the story; trust the charts......

Target achieved now; tighten stop.  Look for reversal

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Tags: china, emerging-markets, edz
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