Aside from that, a return to emerging markets by global investors would boost EWT and EWY.

FORBES: As Smartphone War Continues, Consider These ETFs

Be advised MEXS faces the same conundrum as EWT and MEXS is trading near its all-time low as we write this.

FORBES: Five Other Strong Dollar ETFs

It remains to be seen if the current rally in EWT will also be met by aggressive selling in the short term.

FORBES: Pullback Looks Probable In Asian ETFs, Check Out The FXP For Bearish Play