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Eemlong

EEM - The Perfect HedgeHello 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 reserve to pay their debt. We believe that if there is any real downside to this market...the emerging market sector should get hit the hardest. Also in terms of technicals, EEM has been creating a topping pattern and has not broken below the support line unlike other US equities. Some would argue that there is a head and shoulder pattern on the daily. We're in this trade with a target of $42 strike by March 2021. *NOT A FINANCIAL ADVICE, THIS IS JUST OUR PERSPECTIVE AND WE DO NOT RECOMMEND ANY TRADES WE PUBLISH ON OUR CHANNEL. YOU WILL LOSE MONEY.
AMEX:EEMShort
by KoreanStreetBets
Take advantage of how sensitive the market is!We currently live in a world where media has major sway in the psychology of investors, including ones who do their homework. After watching $EEM closely, I see that at each major event over the past few months (tariffs placed on China, Federal Reserve doesn't reveal a rate cut at June 18-19th meeting, G20 meeting) the ETF spiked before cooling down as more information became available. I see an opportunity that can be taken advantage of regarding the upcoming FOMC July 30th date. Short term profits although as history has shown they can be short lived, so take profits early I would suggest. The rising wedge suggests a potential spike but an inevitable drop as more data is made available. PS: I forgot to add some indicators to further support my argument, but feel free to comment and give your own opinion, also this is my first post so I'm open to any constructive criticism you have too.
AMEX:EEMLong
by blocknchain
1
Good news out of China, EEM Should be Up TodayEEM is mostly made up Chinese A-shares meaning this ETF is primarily dependent upon data coming out of China. Recent data is quite promising while the US-China trade war negotiations continue to show positive developments. Exports data coming out of China is positive this morning, moreover the US will not keep on putting pressure on China politically according to Bloomberg. Also, data suggests the trade surplus increases while credit growth beats estimates. Could see 3 to 6 percent increase in Shanghai on Monday if all else is equal. Bottom line is EEM could be up maybe 1 percent today given the positive news and sentiment coming out of the Middle Kingdom.
AMEX:EEM
by WhiskeyTangoFoxtrot3
EEM long-term wave viewWith weekly Stochastic at oversold levels and turning upwards, price at the 50% Fibonacci retracement of wave 3, price at the lower boundary (last support) of the weekly Kumo (cloud), with wave 3 already 161.8% of wave 1 (text book extension of wave 1), there are many chances that we have completed wave 4 of the entire move higher since the 2016 low. First target is at 53$ area for an equality between wave 1 and 5 since the extended wave was wave 3. Structure is very important. Price has started making higher highs and higher lows in lower time frames. Support is at 42$. Bulls need to start seeing impulsive wave structures for this scenario to get confirmation.
AMEX:EEMLong
by trading2day
1