A Closer Look at Emerging Markets

BATS:EEM   iShares MSCI Emerging Index Fund
The SP 500 has been outperforming the emerging markets ( EEM ) by ~17 % since last May. EEM broke below its uptrend , tested that resistance, but failed. I would like to see EEM break it resistance ( 61.8% Fib) to remain bullish on emerging markets. If not , it might goes the same route as in 2008.


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