Its not quite a great idea to invest in EM if one is expecting a downturn as EM will be significantly hit from drying up liquidity via outward capital flows and lower investment. Happened in 2008 with the liquidity crisis and again in 2011 with the EU sovereign debt crisis. We can see this relationship between developed markets and emerging markets through a...
This is how I see the map for EEM.
It contradicts with the news background as EM countries are under pressure now.
But this is how I see the wave count now.
The wave 5 to the upside is pending and we could see some relief for EM...temporarily.
Invalidation for this count is below the 38.32 when the wave 1 will be broken
The pair broke above the resistance finishing correction.
The previous top is the minimum target.
Risk/reward more than 2.
US Dollar moved in a mighty bullish move recently against all major and emerging market currencies after Fed billed the trim of its balance and secured the yield rise in December. US T-notes already dropped huge. Demand for USD will rise as...
What we've seen the past few days from Ripple is a sustained reversal pattern since the all time lows of 0.12
There is renewed interest for this cryptocurrency and potential break from that 0.2 resistance. The downside is very limited.
But you should always place stops regardless.
Trade safe Trade well. Peace
With Price/Earnings of 9.3 Turkey is may be seen as good 'value' ...just ignore the other things like the impact of a failed coup, a weakening currency and a retreat by investors unnerved by political instability.
That said, the market is buying, with MSCI Turkey up 11% this year, and testing its upper side of the trend channel. At $37 its looking to break,...
Emerging Bearish shark
Emerging Bullish Leading Diagonal is forming which will corrects to the downside at the completion point D of the current emerging bearish shark
Long term trend is likely to be bullish
US Dollar has shown very little price movement since the 2014 bull run. US Dollar has stayed in a tight range and based on technical indications we could be seeing one more low before a catapult to higher highs.
US OIL , GOLD , SILVER, EMERGING MARKETS
Rapid movement in US Dollar can have a big impact on USOil as well as silver XAGUSD and gold XAUUSD. Higher...
The lines are at those positions because of the recurrence of trend. Of course the stock has the potential to go higher then my recommendation of stop limit price. This stock has good value for both going long or short, this graph shows the short side of it. NASDAQ:WING