Knock knock knockin' on heaven's door

VFEM is above 200dma but closed below an important resistance level. I think it will regroup (go lower) before trying again. Holding above should be good for 45.7 which seems to be the next resistance.

Comment:

45.7 was sliced through by the Chinese bull market. Price action looks a bit too hot, but China is 43% of the benchmark weight so expect further upside.