Franklin FTSE Latin America ETF Price & Performance (FLLA)

Bitcoin's dominance has surged to 62%, nearing a yearly peak, as its price steadies above $80,000. Meanwhile, Ethereum's performance relative to Bitcoin has weakened on a four-year basis. This divergence highlights shifting investor sentiment, with macroeconomic factors and inflation data influencing broader market movements.1

The Franklin FTSE Latin America ETF (FLLA) shows mixed technical signals. While support levels near $18.76 suggest buying opportunities, resistance at $18.94 indicates caution for traders. Short-term day trading strategies favor a downside target of $18.05, with stop-loss measures recommended to mitigate risk.2

Upcoming U.S. Consumer Price Index data has markets on edge, with risk assets like equities and cryptocurrencies vulnerable to surprises. A hotter-than-expected inflation report could pressure the S&P 500, already near correction territory, and potentially drive further volatility in financial markets.1