Price Action Lab Alert
Trade update
In our report of June 21, 2026, we included analysis for a short position in the EWY ETF.
A 20% correction has high odds, but as is the case with all corrections, market timing determines profitability.
From June 22, 2026, to the close of yesterday, July 16, 2026, the EWY ETF has fallen 25.5%. Although we believe there is significant downside potential, prices are approaching key support levels, and closing the trade may help avoid volatility while being ahead.
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