Get started
I_Just_Chart_a_Lot

EEM- Picking up for weekly DTL break

Long
iShares MSCI Emerging Index Fund (AMEX:EEM)  
I_Just_Chart_a_Lot Updated   
AMEX:EEM   iShares MSCI Emerging Index Fund
Trend Analysis Technical Indicators Chart Patterns
1
0
trendanalysis indicator chartpattern
So, its been a pretty clear down trend line on the weekly chart. For charting purposes, the RSI/MACD seem to be rounding up as well as the DTL break. At this point i'm using the 20 m.a as reference, as it did have a fail break out prior. In addition, the volume as at least increased with this attempt to break out. Lastly, if dollar keeps falling (?) it should be supportive to some degree. Just my thoughts.
Comment:
Forgot that Targeted move to the 50 ma. as goal
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.