What is showing on this daily EEF ETF chart is:
ETF seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities.
1) 5th wave of a bullish elliot impulse wave up (see weekly chart for all).
2) Red Trend line up (not broken yet).
3) Price action reversal zone ( orange box on top)
4) Four Support areas ( S1, S2, S3 & S4)
5) EEF ETF, per history gives out Dividends June & December, next month (0.25 to 0.40 per share)
* Trade ideas:
1) Trade bearish for near future
2) Could short shares and/or do put options
*Always follow price action, trends, support and resistance areas. Money management is key.
ETF seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities.
1) 5th wave of a bullish elliot impulse wave up (see weekly chart for all).
2) Red Trend line up (not broken yet).
3) Price action reversal zone ( orange box on top)
4) Four Support areas ( S1, S2, S3 & S4)
5) EEF ETF, per history gives out Dividends June & December, next month (0.25 to 0.40 per share)
* Trade ideas:
1) Trade bearish for near future
2) Could short shares and/or do put options
*Always follow price action, trends, support and resistance areas. Money management is key.