BVSP and EWZ update 3/19

One of our members asked me to analyse the $BSVP (Brazilian Bovespa Stock Index) and its related ETF: EWZ. Since sharing is caring; here are our results.

As you can see, the EWZ counts a bit different as it made a lower low at the start of 2016, whereas the underlying index, the BSVP didn’t. Currently it seems both are re-aligning.