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Fox_Technicals
Apr 24, 2023 8:27 PM

$EEM: Emerging Could Emerge Long

iShares MSCI Emerging Index FundArca

Description

Following the developments in AMEX:IZRL, AMEX:FM and AMEX: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.
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