Chris Kimble gives us a mid-day look at one of the leading emerging market ETFs.
Chris comments: The Chile ETF (ECH) has broken nicely above an ascending triangle and resistance. It is also reflecting quality relative strength in that it is up over 20% more than the Emerging Markets ETF (EEM) YTD.
Investors should own this ETF if they want Emerging Market/BRIC exposure with a stop on a break below line (2) in the chart above.