Try a Different Continent Today

With earnings now out of the way, the Brazilian airline Gol Linhas Aereas Inteligentes, trading as an ADR in America, looks to be as strong a technical, actionable long setup acting well today as you can find. 

On the GOL daily chart, below, note how the São Paulo-based airline is at session highs, defying the broad market fade into the afternoon. 

Equities as a whole may simply be digesting today. So, I would not be too giddy, just yet, if I were looking for a rollover on the indices. 

But in the meantime we can still find the relative strength plays. And GOL sure seems to be one.

We will track similar names for Members as I suspect other South and Latin American airlines may be ripe to outperform their larger cap U.S. counterparts.