"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Monday, June 25, 2012

Frontier Emerging Markets fund FFD

Looking pretty stable indeed.  That is what we call a tight flag on this weekly chart.  If the world were ending one might think this Frontier Markets fund would not be in a tight bull flag.

This is a low volume fund, do not trade it.  I am just trying to make a technical point.  Fundamentally, my friend Jonathan's Frontier markets appear to be doing just fine as the developed world wigs out.













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