EEM trade ideas
Translation did not, I also helpless, just want to say to do ChiTranslation did not, I also helpless, just want to say to do China's stock market, because of a lag
Perfect Time@Mode Example in EEM Emerging Markets ETFHere is a perfect example of the TIME@MODE concepts at work in the markets.
Count from a low and find the level where the most number of bars touch the same price.
Then draw a box around the range of the bars that touch the mode.
Use that box of accumulation to project the next rally in both time and price.
In time, count the number of bars that touch the mode. Once the market detaches from that mode you begin to count. If there are 14 bars at the mode, as in this example, you can look for the market to advance for 14 bars.
A more aggressive price-target is to count from the lowest price of the trend (start of lowest yellow arrow) to the MODE or most frequently touched price. Then use that distance to project up.
We highlighted this setup and trade in the KEY HIDDEN LEVELS chat room where we discuss TIME@MODE and KEY LEVELS (only) along with the other indicators in the KEY HIDDEN LEVELS package of indicators.
Target from here is a return to the mode.
10:33AM EST 3/8/2016
Tim West
China's stock market will rebound, just a little a bit of a lagChina's stock market will rebound, just a little a bit of a lag
Short EEM after H&S Neckline RejectEEM is about to retest the neckline of the head and shoulders that it broke down from at approximately $31 a share. If you look at the mix of countries that make up this ETF, rising oil prices generally will not cause a price increase. The only worry is if the USD rolls over, as EEM and USDollar are inversely correlated.
Anyways, short here (or at 31 if you're picky for a few cents), stop loss at 31.80, price target 27.50
EEM market ETF is in dangerous zoneFundamental:
1, USdollar is in a situaton could draw capitals from EEM market now. FRB is fishing with patients and let’s see which one would like to bite the hook.
2, EEM are many countries there're a lot of risks over there in the future. A capital squeezing will happen.
3, Weighted JPY colud benefit from safe haven. It’s not surprising to see JPY stronger because Yuan is devaluating now, a capital flowing.
4, If JPY is rising massively then the stock market won’t be very good but as long as USdollar is rising I think the stock market could keep trading higher range in 2016 untill it falls to correct the mature grand cycle from 2009 to 2016.
Technical:
1, Log scale trend line was broken and retested. This is very dangerous now, a wave 3 of 3 happens at any moment. Cloud be any geopolitics incident or conflict event , could be terrorism too.
2, Head shoulder PO is corresponding to WXY equal wave target. If JPY rises massively then DAX and SPX500 will retrace too, DAX could drop to 8000 and SPX 500 is correlated.
3, A zigzag correction.
4, Trade stocks with care in 2016.
A Lesson About Worrying On EM Panic?The last time we had the Emerging Markets panic over the Fed's first foray into pulling back support, the Taper Tantrum sent EM markets diving. However, when the Taper itself occurred, the markets were generally calm...
Emerging Markets Are Taking a Heavy Hit, The FX Set Are as WellEmerging Markets are one of the risk-focused asset classes that have suffered heavily through the recent market selloff. The currency set - exotic carry trade favorites - is no different. Here is the performance of broader Emerging Markets and the top listed BRICS currencies for 2015 so far.
Emerging Markets Implied Volatility Doesn't Match Price ActionHere is another divergence between how the markets are positioning and how they are protecting/hedging. The MSCI Emerging Market ETF is trading around the floor of a multi-year range, and yet its implied volatility (inverted here) is still showing relative optimism. Is this complacency that has an ugly ending or evidence that it won't make that critical bearish break?
Short term follow up on EEM: May get a bounce here.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 keep an eye on the down trend line. Take care. Enjoy the day.
Follow up on EEM I'm still bearish 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 gap a lot. Goodguy.
Follow up on Emerging markets EEM: Reversal Week. Last Thursday I suggested that EEM may be about to fall but wait for sign of reversal. Friday's down action wiped out all the gains in EEM for the week producing a nice shooting star weekly candle. After a large rise this is often a sign of reversal. Some authors suggest that one way to trade this is to short with a stop on any close > than the high (in this case > 43.71.) Others might wait for the up trend line to be broken. Notice the price this week went just high enough to take out a weekly gap (those nasty gaps) but did not reach .78 retraction. So possibly there could be one more intra day shot at that level. ETFs: 2x bear EEV,, 3x bear EDZ.
Disclaimer: This is not a recommendation to trade but hopefully will be helpful in the way you choose to trade.
Take care. Goodguy
Emerging Markets EEM About to fall??Short term the emerging markets are on a tear up. But from this longer term chart you can see they are in a long term downtrend. IF IF IF this count is correct then we are ready for possibly a fast and furious fall over the next few months. You may want to watch the action for the next few days to see if at least a short term reversal is forming. ETFs :2x bear EEV, 3x bear EDZ
EEM About to fall?? Short term the emerging markets are on a tear up. But from a longer perspective they are in a downtrend.. IF IF IF this count is correct then we may be ready for a fast and furious fall. You may want to watch the action in the next few days to see if it looks like at least a short term reversal. 3x bear etf is EDZ Warning;: this index can be very volatile so wear your seat belt. Take care. Have a great spring weekend ahead. Goodguy.
Sorry repeated this post. I didn't think the first posting uploaded.
Emerging Markets: EEM GAPPED up over my entry price....My buy order on EEM was unfilled at the blue arrow. So, I missed the $3 move on emerging markets.
I am waiting for another entry point, but don't know where yet.
*A weekly chart looks less "gap-pier" (for lack of a better term); otherwise, this is just eye-candy.
I believe that emerging markets are trading at a discount compared to the US markets; although the US markets are still trading at valuable prices. Japan and South Korea are beginning to look good. China ETFs? I'll wait a few months. Again, maybe they too might be eye-candy for me in the end. I'll probably stick with US equities or Asian stocks traded on the US exchanges, like Baidu, BABA, SINA and the like.
EEM(H2). Emerging Markets potential rebound.Downtrend_line break and retest.
Regained support, after break_out.
Close to long term base, range-bound.
EEM (H1). Breaking out.Symmetrical Triangle brake_out, and retest.
Wolfe Waves 5 potential symmetry.
Bull Flag brake_out.
Stochastics bullish.
LONG : Emerging Market (EEM)EEM is up 3.3 % YTD and believe the momentum will pick up over the next few month. This trade as a nice upside potential. My target is 45.50 , which is a resistance on the monthly chart, However , i'm willing to lose only 4 % if this trade doesn't work.
Cheers
Algo
EM MSCI - On cliff - Dives in a a few months?
A 30% correction may be cooking....
It may take a few months until other indices top before falling to 29.
Not trivial a trade as it is just above key support. Not trading it, just for information.
EEM (Daily). Oversold bounce, Next in line.EEM Daily.
Emerging Markets have been lagging somewhat on the
oversold rebound. While this has held the 2008 uptrend_line,
and diagonal support, followed by bullish reversal similar to main markets, breaking the downtrend_line. Emerging Markets Currency Index has been rebounding, reaching some resistance.
RSI broke out from the lows, at 39.
MACD cross_over.
Target_1 : 42.14
Target_2 : 42.50
EEM update - 10/13/2014Great start for the day for EEM (+1.56% so far). Looks like the blue support line is doing its job. Will give it several more days for it to prove itself.
