AMEX:EWW   iShares Inc iShares MSCI Mexico ETF
EWW Is not necessarily highly correlated with the SPX US30 , etc
Now are apparently immersed in a brake of him downtrend, and this is acting like a support line and meaby is a little megaphone in development ; if we think positive (maybe a little innocent) can expect a reboot to the 60 level, but the fear ambient can make drop from the 53-60 zone to the strong diagonal support around the 44.8-46 zone.
I wait for the turndown or the acceleration... patience.
the bigpic:


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