There is a bull flag forming on IEMG. I am waiting for a test of the 0.382 fib which also lines up with previous support.
Table of contents: § 1 About FLNG § 2 The market § 3 Why I am bullish § 4 The risks § 1 Flex LNG(FLNG) is a Norwegian company. They specialize in transporting liquid natural gas around the world for heat, cooking etc. They also create ships themselves, specially created within the CE regulations to ensure safe transport, as natural gas is highly flammable and...
Just by chance, the Latin America ETF (ILF) was noted to be doing very well this week as the S&P500 and friends are given a beating. In a bigger picture perspective, a descending triangle has been formed in the last 12 years. While the upside to resistance may be smaller than previously, it is also projected that IF and WHEN there is a breakout, Latin America...
Please see my previous analysis linked to this update. We see SPCE has already broken the wedge ahead of schedule, indicating very bullish sentiment. Some are calling it "the only pure-play" in the future of Space. Who wouldn't want to take a ride?
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
it is what it is.. in a greater bull run... high means higher
Further to our previous article , the EMBASKET bounced from its oversold condition. The RSI has normalized but has now hinged and is looking to head down. Moreover, today's candle (still to complete) is a long red candle, indicating strong bearish sentiment. If the EMAs head southeast again, with angle and separation, it will likely be off of an expanding...
Its not quite a great idea to invest in EM if one is expecting a downturn as EM will be significantly hit from drying up liquidity via outward capital flows and lower investment. Happened in 2008 with the liquidity crisis and again in 2011 with the EU sovereign debt crisis. We can see this relationship between developed markets and emerging markets through a...
This ETF looks to continue to boom especially after the China and US have optimistic trade talks. Mainly China companies inside this ETF.
For the Chilean Traders, the new IPSA has only drop from the beginning, however, in this hourly view we could think in a uptrend, sadly it depends of the volumen and international traders who invest on Emerging Markets
Sideways movement predicted for USDCNH till the end of 2017. Nothing to see here, move on to another pair. Fundamentals -CNY fixing (Higher swaps -> lesser short interest) (Authority looking to keep yuan stable. Volatile Yuan -> Bad for economy) -Fed Rate Decision (Yuan least affected by fed decision -> see capital flows for direction of currency) -Balance...
short term - this week, classic downward breakout gap and fill then exceeded the gap during re-bounce , very bullish signal, ROC reach short term retracement bull trend level. see touch resistance 39 - 39.5 (green or red line dont know which one). XLE hold up despite oil crashing down, translate to fundamental is still good this month for whole world. i still...
This looks particularly bearish for EM, unless the dollar tops this month!
The Bovespa has been forming a symmetrical downward trend followed by a 1.618 extension of the longer bull trend. You can see this in the chart by the first light blue fib retracement, and then I used a green arrow to indicate where the second retracement line is compared to the green 1.618 retracement line. The second to last move down is a bit tricky as it...
EEM has dropped nicely since my post 7 days ago. Personally I am covering my short position temporarily which usually means EEM will now drop like a rock. But I noticed there is now a potential positive reversal on the 2 hour chart which sometimes leads to a nice bounce. If price drops below 42.45 then the reversal will be cancelled. If short you may want to...
On my last post of EEM I noted it may still go to a .78 retracement which it did. In the process it has developed a potential bearish divergence in the RSI daily. The negative reversal remains as well and together this is often (but not always) a bearish combination. Plus a longer term support line may now become resistance. Take care. This one likes to jump and...