Similar charts making the rounds today and reinforce our view that EM will be a better place to be over the next 10yrs. This relative value chart indicates that EM has gotten too cheap vs S&P and showing signs of being oversold and close/at an inflection point on different TA indicators. Long EM/short DM is the trade for the next 10yrs. For naked EM longs look for our other charts and lvls.
Comment:
EM starting to show signs of life vs S&P500. look into our weekly chart for dets.
