timwest
Long

Emrg Mkts Index EEM Daily - Bullish Trendline Break Vs SPY

AMEX:EEM   ISHARES MSCI EMERGING MARKETS ETF
316 7 5
For the start of 2014, the EEM             decline 11% in 22 trading days (34 calendar). Now the EEM             is coming back to unchanged here. I could see it take some time here to regroup, but I see it outperforming the S&P500             SPY             over the next 3-4 months to the tune of 10%-15%.

There has been a 40% relative UNDERPERFORMANCE for EEM             since the peak at the end of 2012. That is a tremendous performance lag.

Investors appear to be liquidating their US positions and rotating into Emerging Markets positions and I agree with the shift in trend.

Risk 4% - versus - Reward of 10%-15%. Time frame 1 to 3 months.

Tim 2:21PM EST, Friday, March 28, 2014
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2use
2 years ago
Whats your odds of it doing a similar move as in september? Whats the chance of EEM going lower?
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timwest PRO 2use
2 years ago
I don't know about it repeating the move in September. We can watch it and see how it moves on news and relative to the US market. One day at a time.
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sapientrade PRO
2 years ago
Comprehensive, well laid out chart. Thanks for the perspective
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timwest PRO sapientrade
2 years ago
Thanks Jim B.
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2use
2 years ago
So far up-down-up , quite in line with the prediction
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2use 2use
2 years ago
1 month after my last comment: still in tact ...and with such precision.
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2use
2 years ago
Would it be possible to have an update on this one?
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