How is EWT doing right now?
In plain terms: EWT is 0.5% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now EWT — iShares MSCI Taiwan ETF — is at or near all-time highs, down 0.5% from its record high. Last price: $111.64. When an asset is this close to highs, drawdown signals are mostly noise — the more useful question is whether the next 5-10% pullback will be bought aggressively.
