What do you know? IIF gave an up signal yesterday. IIF is an exchange traded fund that invests in the public equity markets of India . It is the Morgan Stanley India Investment Fund, Inc
Looks like my earlier post noting that IIF has broken the down trend line was a fore-runner to the latest move. Also notice how it broke the previous resistance of recent highs and pushed its way up. It is hard to say if there will be a little pullback to give us a better buying opportunity or not. Probably better to wait for a pullback.
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