Good Evening! This is a brief analysis for EEM ! Keeping it simple, we're sitting nicely in the middle of our long term support and resistance. The trend-line verifies that. It's been a little shaky coming off our high in mid-January, but the bulls are back at it and hey they even made a flag. :) I'll give it 10 days at the verrrrry most for us to hit breakout at...
India is bouncing at a key market level today. Aggressive traders can get long immediately. Patient traders can watch for a signal next week. These emerging markets gap a lot and often leave traders wondering what is happening. Trend analysis and risk management makes our life a lot easier here.
Expect lower bound of upward trend to be tested next week. A bounce would be a great entry for long position, a breach would be a short.
Currently sitting on support. A move above the 50 day and we buy calls. A break below upward trend and we buy puts.
EEM, the ETF that tracks emerging market index have recently break out of the H&S bottom as well as 6-month+ trend channel, thereby indicating a bullish movement
Emerging markets running into resistance.
This is a pair trade Jeff Gundlach (CEO/CIO of DoubleLine Capital) presented at the Sohn Conference this year. His thesis is to short the S&P 500 against the emerging market ETF, EEM. Every year I run a technical analysis on Sohn conference stock presentations. The ones that intrigue me most are major movers of broad assets and macro themes. The technicals found...
With 32 days to expiration and a 42 IV rank I Sold the 39.5 Straddle and bought the 38.5 Put, now If the price corrects down we don't have any risk to the downside. The Trade: Short 39.5 Call Short 39.5 Put Long 38.5 Put Total credit of 1.15 per contract. 70.5% probability of profit
I think this ETF is one of the best ways to play Chinese equities. For me this is one of the better looking setups out there. BIG ASS inverse head and shoulders with volume on breakout is what I like.
The ratio is breaking out and is above 10 month MA. 10 month MA itself is turning. Probably an indication emerging market should be overweighted gradually.
EWY has gone on a huge run but pulled back lately due to concerns regarding the Syria missile strikes. It has lost about 5.5% from the highs but we are starting to see volume coming in here. The combination of a geopolitical event that is indirectly related and volume increase makes me a buyer at these levels.
SPX is getting extremely interesting, now that VIX has spiked for more than 5 points on the current market decline. I'm monitoring the decline to catch the exact bottom in the market, which I think can end up matching the bottom in oil, and the energy sector, and a great chance to add to my EEM longs too, and acquire more latin american stocks. I updated my time...
Emerging Markets has made a false break as the Trump train reversed, but as DXY has found support, it seems most likely this is an ideal entry to play EM back towards the middle of its range!
In higher inflation environments, money flows typically begin to head into emerging markets. This is primarily due to the fact that many of them are commodity producers. When looking at capital flows into EM-nations and real treasury term premia, it is this capital flow which is partly responsible for driving up interest rates. When taking this into account, it...
EEM looks to be breaking-out beyond technical resistance and through the top of the value area as indicated by the distribution on the left axis.
Huge monthly triangle on this ETF favorite. Currently a nice inverse hs pattern is in motion. Target is conveniently measured right at the upper trendline. Would be really awesome to see it breakout this year.
Wait for a get into the triangle again and short it till 34.50 ...