Following the developments in
IZRL
,
FM
and
EEM
we see a similar theme developing. Though this may appear to be a head and shoulders, emerging market stocks could be a smart bet while the Fed figures out what it will do next. We will look for support to be between where it is now and 37.5.
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.