EEM party getting started - but don't fall in love with it yetLooks like our next door heart breaker is going to up his game into the next month or so. EEM setting up for a dramatic spike up into the box, to make everyone fall in love with it again, only to pull the rug to retest the former lows.
This particular advance I expect in the next few days, I think will happen quickly. After that, there will likely be a heart breaking collapse when everyone would have been looking for a 3 of 3 EWT advance to the upside. After that, we will likely have a more sustainable long term trend up
Of course we need to keep the EM bear possibility at the back of our minds as well. Therefore even more improtant to exercise good risk management.
EEM trade ideas
This rally in #Emerging Markets should be shorted on 5% Bounce $EEM $VWO $IEMG $SCHE $EUM These custom support resistance indicator lines show decent places to enter or exit.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.
If your instrument closes below the Red line, we think about Shorting.
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts).
Find out more. Send Private Mail (PM) to @MasterCharts
EEM AUG/SEPT 39/43.5/43.5/48 DOUBLE DIAGONAL (CONT'D)This is a continuation of a trade started out as a double diagonal.
I've made various adjustments to the short straddle body and to the long strangle "shell" to demonstrate how to manage these trades. (See Previous Post).
Currently, it has a scratch point of 2.27, and I've got an order to take it off at 1.47, since I was shooting to originally get .80/contract out of the trade.
UPDATE: EEM also hits target perfectly, risk to reward is UPHi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Emerging Markets are VulnerableHello All,
This is a break from Crypto and about Global Emerging Markets.
I will keep this simple. Emerging Markets are beginning to show signs of stress due to an increase in the dollar, trade tariffs and rising interest rates. Thus, this fund by Ishares is at risk of long term downside. Symbol EEM
My plan is to short until August 40 puts. I expect a retracement to 36.61. you can read about them with my XRP assessment. I am considering 32 puts for December too-but will wait a bit to confirm the movements.
I am using my selected tools and market knowledge to support my assessment.
Emerging Markets Meltdown Ahead? "Mounting debt loads, trade battles, rising interest rates and stalled growth have made emerging markets more vulnerable than on the eve of the 2008 financial crisis.
~ Harvard professor Carmen Reinhart
"The current episode somewhat resembles the Asian financial crisis of the late 1990s, when the M S C I Emerging Markets Index for developing-nation stocks slid as much as 59 percent."
Paul Krugman, Nobel Prize-winning economist
www.bloomberg.com
WEEKEND REVIEW: Allow time for EEM, looks for $43.50 Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
WEEKEND REVIEW: Don't fall asleep on Emerging Markets!Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
UPDATE: EEM gives investors another chance long, target $54Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
UPDATE: EEM breaks out, target $54Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
UPDATE: EEM on the verge of a breakout, PATIENCE target $54Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
UPDATE: EEM on the cusp of breakout, target $54Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
WEEKEND REVIEW: EEM bottom looks to be in, target above $52Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!