Trend Analysis
The main view of this trade idea is on the 4-Hour Chart. The Emerging Markets Index Future (MME1!) appears to be in a descending triangle pattern setup. The support line is observed around the 1210 level while the resistance line was created with the lower highs of 1332, 1305 and 1295. Expectations are for a breakdown in MME1! around 1210 which...
Trend Analysis
The main view of this trade idea is on the 2-Hour chart. MSCI Emerging Market Index Futures (MME1!) appears to be in a double bottom pattern setup, with the price currently trading around the second low of the setup, around the 1300 price level. Expectations are for MME1! to rally towards the top of the double bottom pattern setup, 3.3% away from...