EEM Something complex is going on

iShares MSCI Emerging Index Fund (AMEX:EEM)

Updated

AMEX:EEM iShares MSCI Emerging Index Fund

Looks like EM is digesting its gains from last year and is stuck in some rather ugly action. I would not do anything related to this chart until it finishes its digestion

Comment:

Pretty good start today

Comment:

Expecting followthrough into C marked in the chart

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