The euphoria this week in Emerging markets broad index is warranted, but should be short lived. Buy the dip in SPY relative outperformance vs. Emerging markets, think 50 back could offer support.
Comments
timwest
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Nice chart. I was just thinking that this trend might be ending and there you go with a perfect chart to show what I was thinking too. Thanks.
johan.gradin
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Awesome tim! :) what chart are you going to post, would be interesting to see!
johan.gradin
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Look at that... like ridiculous!! How do you get a match like that. ;)