goodguy
Short

Follow up on EEM I'm still bearish

AMEX:EEM   ISHARES MSCI EMERGING INDEX FUND
On my last post of EEM             I noted it may still go to a .78 retracement which it did. In the process it has developed a potential bearish divergence in the RSI daily. The negative reversal remains as well and together this is often (but not always) a bearish combination. Plus a longer term support line may now become resistance. Take care. This one likes to jump and gap a lot. Goodguy.
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