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Brazil Is the Only Emerging Market You Should Own Right Now: Chart

Jonas Elmerraji

While 2018 has so far been another stellar year for U.S. stocks, it's been a lot more lackluster for pretty much every other country on the planet. To figure out how to trade some of the most popular Brazilian stocks, we're turning to the charts for a technical look. This ETF is up more than 17% since mid-September, as shares form a pretty textbook example of a double bottom pattern, a bullish reversal setup that signals the start of a new uptrend.