Emerging Markets (EEM) seem to be resuming the bull market that started in early 2016.
1) Recently broke out from downward channel
2) Broke out from alternative shorter term negative trend line
3) Is in the track to end the week confirming a bullish pivot, surpassing the last short term top.
Medium term objective is last major top the occurred in jan 18.
EEM Emerging Market's is where the 2019 rally in stocks first took hold,
and it's strong price advance in the new year continues as the rally has already taken price back
to the old reaction highs of 2018.
A bullish potential breakout here, would be hugely important, and would send a strong signal
to the rest of the world that the economic crisis that was...