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gb50k
Jan 21, 2024 7:16 PM

$EEM short as a hedge against a rising $DXY Short

iShares MSCI Emerging Index FundArca

Description

AMEX:EEM is a bearish opportunity it breaks $37.47, (both current support and the prior weeks low). Other support:
- AVWAP
- Low volatility node (LVN) in the volume profile on the left.

Initial targets might include: POC, VAL

AMEX:EEM is a good candidate for hedging TVC:DXY, on bottom.
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