EEM to head back down to create line C of a ABC correctionThis correlates well with the dollar index - Would short
EEM trade ideas
EEM on the cusp of breakout EEM ETF is going to break out from the multi-year bear phase. The monthly chart of EEM Oct 1st, 2007 was 55.83$, the current price is very close and looks bullish for the long term with 0% interest, and the US $$ money flowing to EEM is inevitable. EEM will outperform S&P.
Emerging Markets leading the COVID reboundSince 3/23/20 when all three bottomed out, the SPX (green) has outperformed the Europe, Australia, Asia, and Far East ETF (blue, ticker symbol EFA), but both are lagging behind the Emerging Markets ETF (orange, ticker symbol EEM).
The SPX has been leading most of the way, but last month the Emerging Markets became #1.
Investors have banked on strong recovery potential in the emerging markets.
EEM breakout ?Emerging Markets 12 years sideways and now break to upside? With a weak and sideways Dollar would make sence and could last for a few years.
What bubble? EEM at long term resistance. Breakout or Fake out?Emerging Markets looking to breakout IMO. Stop believing in bubble boogiemen. Follow the trends. The trend is up until otherwise noted. I prefer EMQQ to EEM.
$EEM continues to surge in strong "Go" trendIn our Flight Path newsletter on Monday morning, we noted slight oscillator divergence and the appearance of a stronger dollar may see EEM pull back slightly. Having said that, we reminded readers that the chart in the big picture is clearly bullish! The pull back didn’t happen this week as $EEM quickly moved higher. The “Go” trend is still in place and the Oscillator is still at elevated levels.
Emerging markets are the place to be... EEM (breakout coming)Hey all, this is the monthly chart of the EEM. A potential breakout is about to happen. New ATHs!! Park your money (maybe soon) in this emerging market ETF; set it and forget it!!
2021 comparison: Emerging, USA, China, Europe, Japan & Australia2021 comparison of global markets
EEM: Emerging - green
FXI: China - orange
EWJ: Japan - blue
EFA: Europe - purple
EWA: Australia - yellow
VTI: USA = red
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EEM will outperform SPX?It s been a 10 year downward trend. And Emerging markets has been underperforming vs SPX.
Is it the time to change the course?
EEM emergingMajor resistance since 2008 has officially broken.
This aligns with my previous China predictions
###NOT FINANCIAL ADVICE###
EEM top: contrarian tradeThe emerging markets have had a good bullish run since November with the rest of the market and it was supported by some heavy call flow recently. Now that the 53 Fib target has been achieved, I think it is time for the overall markets to consolidate or even take a leg down to cool off. I think a retest of 50 or lower is not out of the question. The maximum upside target is 55 from here, but it can kiss that only on the back of some really good news (not sure what that will be at the moment). So my money is on the downside for EEM. And given the volatility is relatively low, could be good opportunity for some cheap backratios. And consider it as a hedge against any long positions you are currently holding as well.
IRON TARIHi guys!
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Enjoy your wallet!
Tari.
Long term breakout in emerging markets incoming?The emerging markets ETF $EEM has been in a wide range consolidation for the last 13 years. A breakout above $55.83 could set up for a longer term move higher!
EEM MonthlyEEM MONTHLY, Looking like it wants to break out. Keep an eye on the dollar. A snapback in the US dollar could cause a consolidation or pullback in the emerging markets.
$EEM: Interesting indicator, flashing caution by mid DecemberEmerging markets are flashing an interesting signal here, the weekly trend is up, and strongly, but will expire its current advance by the week ending on Dec 18. If we get some kind of unexpected issue before COVID vaccines are widely available, we could get some kind of correction here perhaps. Alternatively, we get a sideways consolidation and the markets keep rallying until vaccines roll out, by March give or take. This is what many charts seem to indicate. Definitely vital to monitor the action here and be ready to react once we get confirmation of one or the other.
Cheers,
Ivan Labrie.
