Chilean Equities: Near-Term Upside To Give Way To Longer-Term Uncertainty
Banking & Financial Services / Chile / Fri 24 Mar, 2017
We see room for additional upside for Chilean equities over the coming weeks and possibly even months, following a highly bullish break higher for the MSCI Chile equity index. The index broke through key technical resistance at 1,606 on March 16, a highly bullish technical signal, setting Chilean stocks up for a higher trading range. We see little