AMEX:EEM looks to be breaking down here. On OBV, there's been a double top. Price looks to be breaking the upwards trend that's been forming since Oct 2022. I think price is likely to hit the second support level at $33 before bouncing. However, if there's a strong move down, can see it hitting $30 as well.
I highly suspect that #eem will go on gaining while dxy sell off is settled and enormous covid cases surging in India. Also, emerging countries will not be the first ones that recieves vaccine. I believe we are about to enter a tough 1 - 2 month for all #eem
Hello Traders, As our followers know we remain bullish in the US equities however, there are definitely some signals that are pointing towards some more volatility. We're not ready to short the US market just yet but as the dollar rises we want to also leave some downside hedge. We'll be targeting EEM. Many emerging countries do not have enough dollar...
I highly suspect that #eem will go on gaining while dxy sell off is settled and enormous covid cases surging in India. Also, emerging countries will not be the first ones that recieves vaccine. I believe we are about to enter a tough 1 - 2 month for all #eem
We currently live in a world where media has major sway in the psychology of investors, including ones who do their homework. After watching $EEM closely, I see that at each major event over the past few months (tariffs placed on China, Federal Reserve doesn't reveal a rate cut at June 18-19th meeting, G20 meeting) the ETF spiked before cooling down as more...
19-Jun Stock investing strategies AMEX:EEM Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: In the midst of an upward trend of strong upward momentum stock price flow marked by the temporary falls and strong rises. Today's S&D...
EEM is mostly made up Chinese A-shares meaning this ETF is primarily dependent upon data coming out of China. Recent data is quite promising while the US-China trade war negotiations continue to show positive developments. Exports data coming out of China is positive this morning, moreover the US will not keep on putting pressure on China politically according to...
Elliot count finished, could see a retrasement to de golden zone between 382 and 618.
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Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
By extension of the reconvergence trade between EEM & HG_F, it's now worth looking at EEM vs DXY (inverted). If this dollar break-out ensues, it bodes rather negatively for EEM. One could reasonably argue the case to be short EEM on this basis.