EGPT, Egypt ETF, just a guess.


This is just a guess. This ETF has not existed very long so there is not all that much chart to go by. This ETF should not trade above 16 as then the bearish case is negated. We should get either a triangle or a flat, the difference is not that great other than in terms of time. Then a 5th wave that targets roughly 5 or so. Time will tell.