Silvestrov

Emerging markets breaking down as well

AMEX:EEM   ISHARES TRUST
Compared to US indices, AMEX:EEM looked relatively strong in recent weeks, however, it seems that market forces taking emrging markets lower as well.

After uptrend support was broken, EEM fromed head&shoulders right at 2018-2020 major resistance and yesterday we witnessed breakdown.

Good odds at least 10% correction would be witnessed from here

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out