Get started
Kumowizard

Textbook bearish trend, it's still a sell

Short
iShares MSCI Emerging Index Fund (AMEX:EEM)  
Kumowizard  
AMEX:EEM   iShares MSCI Emerging Index Fund
Trend Analysis Chart Patterns Technical Indicators
6
0
trendanalysis chartpattern indicator
- Impressive rally back to important bearish key support zone, but...
- I still see lower highs and lower lows. Until this changes (a higher low print needed), it is a classic bearish trend.
- Ichimoku setup is still bearish, EWO and MACD also in bearish territory.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.