TheUpTrend.Com Announces That It Has Initiated Technical Coverage Of iShares S&P Latin America 40 Index (ILF)

April 08, 2005 (PRLEAP.COM) Business News
- The Long Term trend is currently down.
- Our last Early Warning Sell Signal was issued on March 25, 2005.
- This current down trend would come to an end, only with a weekly close above $87.
- Current Long Term Price Support is at $75, and then $62.50.
- Current Long Term Price Resistance is at $87.50, and then $100.
- Catastrophic support is currently in the $64 -$67 area.
- On a Mid Term basis, ILF looks like it will find support in the $78 - 83 area.

This analysis is based on closing data for the week of April 1, 2005. Our analysis will change as time passes and when new price data becomes available.

About the iShares S&P Latin America 40 Index Fund (ILF)

The iShares S&P Latin America 40 Index Fund seeks investment results that correspond to the performance of companies in the Mexican and South American equity markets as represented by the S&P Latin America 40 Index. For more information, please visit http://www.ishares.com

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