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MVedra
Jun 15, 2018 4:40 PM

EEM - Warning Shot for Emerging Equities | Break Lower Short

iShares MSCI Emerging Index FundArca

Description

The descending triangle started in January, is coming to a pivotal point. Today's break lower is a warning that next week could a significant move lower.

Comment

Trading near the lows at $43, remain short.

Trade closed: target reached

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