I highly suspect that #eem will go on gaining while dxy sell off is settled and enormous covid cases surging in India. Also, emerging countries will not be the first ones that recieves vaccine. I believe we are about to enter a tough 1 - 2 month for all #eem
Hello Traders, As our followers know we remain bullish in the US equities however, there are definitely some signals that are pointing towards some more volatility. We're not ready to short the US market just yet but as the dollar rises we want to also leave some downside hedge. We'll be targeting EEM. Many emerging countries do not have enough dollar...
Has been consolidating and IMO basing for a bottom. Rejected breakout though so may need more time. Stay flexible 🤸🏼 $UUP $EURUSD $USDJPY $EEM $GLD $BTC $TNX $TLT $SPY $QQQ #Trading #Currencies 💱
I highly suspect that #eem will go on gaining while dxy sell off is settled and enormous covid cases surging in India. Also, emerging countries will not be the first ones that recieves vaccine. I believe we are about to enter a tough 1 - 2 month for all #eem
Shiller vs. Spx for Aug 11th, 2020
EEM Long Entry 14:31:49 (UTC) Tue Aug 11, 2020
There is an old saying in technical analysis… If you can get the dollar right, everything else follows. So what are we seeing? We are seeing the dollar trending downwards. Dollar trending down has been one of the “machines” favorite things to chase as of late. There is a very high correlation to down dollar, up stocks. There is also a strong correlation to down...
These trades remain open from the original sell signals given on Jul 31 23:33:15 (UTC) Sun Aug 2, 2020
Few believed this bear flag would result in such a move. Went even further than I thought breaking key TL on monthly ... backtest soon $EURUSD $USDJPY $EEM $GLD $TNX $TLT $SPY $QQQ #Currencies 💱
Up 1.8%, the breakout here is clear for the EM as I called 3 weeks ago. This was assisted with Asia slowing in 2017/18. Asia looks better at this point because Asia technically slowed down before the West. !THD and !IDX are good longs and I will be taking them. 13:19:40 (UTC) Tue Jul 28, 2020
Emerging Markets ETF 5 wave impulse is also carving out a wave (3) top. We are looking or the immediate wave (5) to fail into 44-46 level setting up for a wave (4) consolidation that would set the tone for EEM into Oct 20’
Looking at charts from across the globe we found a very similar setup, triangle formations that are forming across the board in a timely manner. If we look deeper into what is going on we are going to get a pretty nice surprise. Let's start of with the Nikkei. The Nikkei has been on a consolidation pattern since the start of June and has just resolved within a...
Island Bottom Reversal + 3 Inside Up + Dynamic Support + Trend Break + Bullish Momentum
Not investing advice, only my opinion.
May's monthly candle closed above April's high. If price returns to April's high, then I will begin purchasing call options at the 37.50 strike with a July 2 expiration.
RUT2k Daily Evening Star (Bearish Reversal) 20:52:30 (UTC) Tue May 12, 2020
The best-performing markets tend to flip flop every decade or so. For example, in 2000-2010, emerging markets outperformed US markets. In the following decade (2010-2020), US markets significantly outperformed and emerging underperformed. This concept is known as reversion to the mean - valuations get stretched in one direction, and eventually, it is bound to...
If you're looking to get short the equities market, EEM may be a good place to start. Emerging Markets are testing the previous support trend line. This should now act as resistance. It's worth waiting to see if this hammer candle gets follow through or if it turns into a Hanging Man.