EEM Long Idea- Watching $42.17 on the weekly level to see if it is resistance - If not, EEM could be poised to jump meaningfully back above that 200DMA (this last occurred in 2017)by ML6100
ISHARES MSCI EMERGING INDEX FUND (EEM): A Lower Low Until S1?Find Winning Trades In Seconds >> efcindicator.com (Special Discount) ISHARES MSCI EMERGING INDEX FUND (EEM): A Lower Low Until S1 Is Expected.by SplinterZalinsk1
EEM- Picking up for weekly DTL breakSo, its been a pretty clear down trend line on the weekly chart. For charting purposes, the RSI/MACD seem to be rounding up as well as the DTL break. At this point i'm using the 20 m.a as reference, as it did have a fail break out prior. In addition, the volume as at least increased with this attempt to break out. Lastly, if dollar keeps falling (?) it should be supportive to some degree. Just my thoughts.Longby I_Just_Chart_a_LotUpdated 1
EEM bearish strategyThe downtrend keeps strong in the Emerging Markets, following the also bearish Chinese stock market (FXI). Any price action in the EEM between the 50 days and 100 days moving average is a good entry point to sell, minimizing the risks in the downtrend direction. Stop loss around the 200 moving average.Shortby david_ceballosUpdated 0
Emerging Markets almost at bottom.EM correcting will be big. Inverse positions here may be lucrative for now.Longby HOOPFOOD111
EEM Stuck Below MAEEM is trending in a down-up counter trend. It has failed over the last 8 months to close above its Moving-Average on a weekly basis. I am using the 16-day Moving Average (representing 3 weeks +1 of trading days), but you can play with the period and you will see similar results. EEM is currently testing close to its 16-day Moving Average and near the top of its channel resistance line. This is telling me that there is a strong possibility for the price to drop further down over the next week or two. I think taking a sell-limit at $39.00 with a buy-stop at $40.61 (its 16-day Moving Average), and a take-profit at $37.58 (a previous resistance level tested) is the way to play this trend trade. Shortby BinaryPairing2
Emerging markets ETF breaking out of bearish channel $EEM $JSEThe iShares MSCI Emerging markets ETF has been in a bearish channel for the most part of 2018. Finally seeing a break out of both the channel as well as horizontal resistance above $41.63. The end of 2018 can get rather interesting for Emerging markets. Looking for a first target +- $44 which will coincide with the 200dma and prior horizontal resistance. Tough year for emerging markets.. but it might end off a little better Longby MarcoOlevanoUpdated 4
I am bullish on EEMEEM just broke 50 day for the first time after quite a while. I think the downside wave is finished, as wave 5 reached the 1.618 extension of wave 3 perfectly. If price in the next few days breaks above upside wave 1 I think it is a great time to go long, because wave 3 is usually the strongest and most impulsive wave. The downside wave 5 also hit and bounced at the 200 weak moving average and the yearly pivot points S1. Targets for this long trade is drawn on the chart. Invalidation of this trade is the break down of previous low ~37 Stay safe traders!Longby kidzeUpdated 111
Emerging Markets may lead the way up.Emerging markets they have been battered heavily in the last year. (skip this if you don't want my fundamental take) The Fed interest hikes have caused US Dollar Strength and a large amount of $ denominated EM debt is becoming unpayable. Along with the Trump Tariffs, this has caused much volatility overseas. The US is making a strong attempt to disrupt international markets and maintain dollar reserve status / supremacy. A strong dollar also helps with the USG running high budget deficit. However I believe it is a short-term gambit that will accelerate de-dollarization around the world. Indeed, even Europe is turning away from the USD, Oil (Iran) is being traded heavily off the dollar system. That said, in order to de-dollarize, one has to first sell or default on dollar based assets, causing dollar based deflation. Very long term, I think the US Dollar is toast. But meanwhile, it is very strong and a strong deflationary wave is hitting the world. I'm watching for signs of this deflation turning, I think a relief rally MAY be starting, especially after Powell's comments yesterday. By being above its 50ma, I believe EEM is a stronger chart than US Stocks (QQQ SPY etc). EEM may lead the way in a risk-on, bear market rally. On the charts, there is a massive trendline resistance to face. It would be a breakout to buy. I do have a small EDC position already, bought two days ago, that's already positive. Hoping for a breakout, but also have break-even stops. China (FXI) has a similar, very interesting chart setup. by tangmanUpdated 1
Will the real EM bear please stand upI previously wrote that there was a probability that we might get a real EM bear. At the time I put the probability as very low. Now I have upgraded it to my operating thesis and have positioned myself for it.Shortby AstatineUpdated 2
Still bearish... for a while - EEMI hate doing pure technical analysis but that 1-year moving average bending down while the longer MA's are converging just looks too much like a mean-reverting move to be ignoredby Alix-Pimodan3
EEMMercados emergentes en piso de canal dinámico y sobre la media de 200 ruedas. Longby MartuRaimundi2
EEM: Daily buy signal$EEM has now flashed a buy signal, together with $SPY, and offers a great chance to go long with low risk. Emerging markets might benefit from the rally in oil which I foresee here. Good luck, Ivan Labrie.Longby IvanLabrieUpdated 14
EEM trendlineI'm not so sure that 37 is the target... I can see it going to 33 if the rest of the market continue showing weakness.by salvettic2
EEM - RSI In Oversold Territory?On support Wedge height is massive, the price target is long-term 70 up to 80 by cryptoinsiders1
Any1 Long Entry Here at Channel/Support from 2006?Trend shows gr8 entries at these levels 4 Longby tekmunneeUpdated 3
EEM. Emerging Index Fund. Possible map of WXYThis 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 brokenby aibekUpdated 10