I'm seeing strong potential for a bullish surge in NASDAQ:EEMA - MSCI Emerging Markets Asia ETF. My prediction suggests a call position around $69.00, with a strategic stop just below the latest long wick observed in early 2022. To confirm the uptrend, I'm patiently waiting for a confirmation candle, along with the RSI hitting above the baseline, which is zero....
EEMA is looking quite promising - the recent drawdown mostly from China fears seem overblown and ripe for reversal.
Emerging markets as a whole (EEM) is also more promising relative to US on (1) relative performance and (2) relative valuation standpoint.