More International ETFs Flashing Death Cross Signals

Today we have more international ETFs flashing death cross signals.

How long before this weakness spreads to our markets?

BLDRS Developed Markets 100 ADR (ADRD)

BLDRS Developed Markets 100 ADR (ADRD)

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Possible head and shoulders pattern to watch.

iShares MSCI Japan (EWJ)

iShares MSCI Japan (EWJ)

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Key support area is getting tested.

Investor sentiment headline: Tokyo stocks hit 28-yr low as investors flee risky assets

iShares MSCI Netherlands (EWN)

iShares MSCI Netherlands (EWN)

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Another potential head and shoulders pattern to watch.

iShares MSCI Taiwan (EWT)

iShares MSCI Taiwan (EWT)

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Another potential head and shoulders pattern to watch.

For Reference

The death cross (technical formation when the 50-day moving average drops below the 200-day) can be used as a filter to help narrow down the field. Next, use the Seven Steps to Better Stock Trading to evaluate the sentiment and price action. Better yet, sign up for The Select 20 Stock Picks or use my free Total Indicator for eSignal.