Market Vectors Vietnam ETF ( VNM) -2.3%

The Vietnam ETF is stumbling to its third consecutive day of losses even as other corners of Asia push higher. Though discouraging, this type of performance is not surprising; it is common to see VNM move independent of other global markets.

In the event that VNM can stabilize, investors should keep an eye on the fund's 200-day moving average. This most recent decline began just as this level was tested. The fund has traded below this level for a year.

All prices as of 2:11 PM EST.

Written by Don Dion in Williamstown, Mass.


At the time of publication, Dion Money Management owned none of the equities mentioned.

If you liked this article you might like

Natural Gas Futures Down Over 10%, But Why?

Dion's Thursday ETF Winners and Losers

Dion's Wednesday ETF Winners and Losers

Dion's Tuesday ETF Winners and Losers

Dion's Friday ETF Winners and Losers