AI EWZ Forecast + Trading Strategies

Price Forecast:


Bearish<->Bullish


Bullish Case: Expectations of economic recovery in Brazil, coupled with stabilizing global markets and rising commodity prices, could push EWZ higher. The Implied Volatility trend indicates potential undervaluation, supporting this positive outlook.


Bearish Case: Persistent political unrest and economic instability in Brazil may lead to increased volatility and downward pressure on EWZ. High put volume signals market caution, emphasizing bearish sentiment amidst uncertainty.


Potential Outcomes:

1) Economic rebound (+30% chance).

2) Heightened political risk (-25% chance).

3) Commodity price normalization (+20% chance).

4) Continued sideways movement (-25% chance).


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September 22, 2024


iShares MSCI Brazil Forecast

EWZ        iShares MSCI Brazil
















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