This is how I see the map for EEM. It contradicts with the news background as EM countries are under pressure now. But this is how I see the wave count now. The wave 5 to the upside is pending and we could see some relief for EM...temporarily. Invalidation for this count is below the 38.32 when the wave 1 will be broken
Bearish shooting star pattern right into channel resistance and just below major resistance line. You'd have to off your rocker to buy EEM exposure here, not with Fed day next week.
BTC mimics MSCI Emerging Markets Curr Index / US Dollar Index. The similarity is visible! Bitcoin price is the green line. Thanks to my friend @EnginSavas for this idea
The pair broke above the resistance finishing correction. The previous top is the minimum target. Risk/reward more than 2. US Dollar moved in a mighty bullish move recently against all major and emerging market currencies after Fed billed the trim of its balance and secured the yield rise in December. US T-notes already dropped huge. Demand for USD will rise as...
What we've seen the past few days from Ripple is a sustained reversal pattern since the all time lows of 0.12 There is renewed interest for this cryptocurrency and potential break from that 0.2 resistance. The downside is very limited. But you should always place stops regardless. Trade safe Trade well. Peace
With Price/Earnings of 9.3 Turkey is may be seen as good 'value' ...just ignore the other things like the impact of a failed coup, a weakening currency and a retreat by investors unnerved by political instability. That said, the market is buying, with MSCI Turkey up 11% this year, and testing its upper side of the trend channel. At $37 its looking to break,...
Possible Inverted Head and Shoulders formation or Triple Bottom. Wait for confirmation above neckline around .415
Emerging Bearish shark Emerging Bullish Leading Diagonal is forming which will corrects to the downside at the completion point D of the current emerging bearish shark Long term trend is likely to be bullish
Bearish Anti Shark with bearish divergence in RSI and sign of weakness in the bullish momentum and bearish AB=1.27CD
US Dollar has shown very little price movement since the 2014 bull run. US Dollar has stayed in a tight range and based on technical indications we could be seeing one more low before a catapult to higher highs. US OIL , GOLD , SILVER, EMERGING MARKETS Rapid movement in US Dollar can have a big impact on USOil as well as silver XAGUSD and gold XAUUSD. ...
The lines are at those positions because of the recurrence of trend. Of course the stock has the potential to go higher then my recommendation of stop limit price. This stock has good value for both going long or short, this graph shows the short side of it. NASDAQ:WING
As you can see by my chart, every time the price has hit the top of the linear regression, and 0.04 on the MACD, the price has reversed back down again with the CCI, DeMarker and Stoch RSI gradually falling back into their respective channels. Without consideration of any further shocks to the market, I think that political instability, the conflict in the south...
Emerging BULLISH ALTERNATE BAT pattern to start -- May 3rd 2015 around 0.6960