Jun. 28 at 11:26 PM
$EWZ is showing major institutional intent. We just tracked over
$6.8M in premium deployed into Oct 2026
$40/
$45 Call Spreads, showing massive urgency from big money to position for a sustained move over the next few months. The chart is holding support, and the combination of this aggressive options flow with the current technical base makes for a high-conviction setup. If the bulls reclaim
$35, the path toward the
$40 strike becomes the primary focus. 🐂🎯
Bull Key Levels: A clean breakout and hold above
$35.00 is the trigger for the next major leg higher. 🐂🚀
Bear Key Levels: Need to hold
$33.50 support to keep the primary bullish thesis intact. 🐻⚠️
Take Profit Targets:
$37.00 /
$40.00 (targeting the institutional flow zone). 💰💸
#hovdid #EWZ #Brazil #EmergingMarkets #SmartMoney
