rv

EEM (Daily). Oversold bounce, Next in line.

Long
rv  
AMEX:EEM   iShares MSCI Emerging Index Fund
5
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

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